Tyson Foods, Inc. (NYSE: TSN)
Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein.
The company is one of the leading producers and distributors of chicken, beef, pork and prepared foods. Some of its brands include Hillshire Farm, Sara Lee and State Fair.
There’s no question that the rising inflation has had a significant impact on the household budgets of millions of families.
But when times are tough, those families usually don’t cut all items out of their budget. Instead, the first things to go are expenses like TV subscriptions and fitness classes…or other so-called luxuries.
For this reason, Tyson is relatively protected when it comes to inflationary pressure and appears to offer investors significant value at its current price level.