Sanderson Farms (NASDAQ: SAFM) is in for a Double-Digit Rally

One of my favorite investing tactics is to target stocks that are fundamentally solid but get hit hard when investors overact to news stories.
Russia's ban on U.S. chicken and oversupply concerns helped knock the United States' third-largest poultry processor 25% off its summer highs.
 
I recommended a bullish options play on Sanderson Farms (NASDAQ: SAFM) in late June that quickly netted us 42% profits as the stock hit a 52-week high in mid-July.
Shortly after, Vladimir Putin imposed a one-year embargo on U.S. agricultural products, including chicken, in response to Western economic sanctions stemming from the Ukrainian conflict. (more)

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