Is Tyson Foods Stock a Buy?
Tyson Foods (NYSE: TSN) is the largest protein producer by sales. Over the past decade, it has outperformed the S&P 500 and a number of its competitors, but there have been wild swings that have led it to underperform both over shorter time periods.
And it seems the industry can't go very long without being caught up in a scandal. Meat processors have been sued for price fixing numerous times over the past few years, and the coronavirus pandemic produced a meat shortage in the U.S. that some watchdogs contend only occurred because producers were boosting shipments to more profitable markets in China.
Slaughtering cattle, pigs, and chickens is not a pretty business, but let's take a closer look anyway to see if Tyson Foods can still make investors a pretty penny.
Source Fool.com
