Why Investors Should Pay Attention to Tyson Foods
Tyson Foods (NYSE: TSN), like most meat processors, became uncomfortably acquainted with the coronavirus this spring. Outbreaks at many of its meat processing plants across the country closed down those plants and temporarily halted much of its production.
Moreover, the company now faces scrutiny from the Justice Department that could have both legal and profit implications. Consequently, Tyson stock has not seen as large a recovery as many other stocks.
However, these challenges could serve as an opportunity for investors in this agriculture stock. About one-fifth of the chicken, pork, and beef produced in the U.S. comes from Tyson. Furthermore, with the country's appetite for protein continuing to grow, Tyson stock should return to a growth pattern once fears related to the pandemic pass.
Source Fool.com
