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Is Tyson Foods Stock a Buy?

TheMotleyFool

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Tyson Foods (NYSE: TSN) has certainly felt COVID-19's impact, which has hurt production. Additionally, the company is confronting higher costs as management had to spend money on safety equipment to protect its workers. While recent results suggest that Tyson is dealing effectively with the issue and its operations are running smoother, rising cases may prove to be another setback.

Under these circumstances, it is unsurprising that the stock remains in negative territory for the year. Down 28%, does this represent a good entry point?

Image source: Getty Images.

Source Fool.com

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