PPC stock may be ready to rule the roost again

Pilgrim's Pride Chicken is the largest chicken producer in the United States. Not to state the obvious but..."everyone loves chicken". During Super Bowl Sundays, 1.25 billion chicken wings are consumed in the United States. Plus, every other day of the year is a great day for some yummy, healthy white meat of the bird, chicken. PPC has had some negative news in the past, as recently as 2008. Chicken is a dirty business and this company has weathered a powerful storm to here. If the support holds, look to buy and hit the analysts' price target of $25 at least. Do not trust regular analysis on this stock. Bad news is hard to live down.

This company does not pay dividends.

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It is hitting a .382 retracement level so it's time to start buying into a larger move to the upside.