TSN - Tyson Foods Q1 Earnings: A Tough Investment Great Trading Stock

2024-02-05 13:01:13 ET

Summary

• Tyson Foods, Inc. stock has been disappointing for long-term investors, but savvy traders could profit from tactical trading.
• The pork segment saw a decline in sales due to lower production throughput and decreased pricing, but cost controls had a favorable impact on operating income.
• Beef sales increased due to higher prices, but operating costs rose, leading to a loss in operating income. The chicken segment saw lower sales but improved operating income through efficiencies.
• Valuation attractive looking to EPS growth into fiscal 2025.

Tyson Foods, Inc. ( TSN ) stock been a tough investment. It has been almost 4 years since we last publicly covered the company, rating it a hold way back in 2020. We have traded it at our investing group in the past, running the stock up to the $90s, but the stock has roundtripped now, making it a bit of a disappointing performer for long-term investors. Savvy traders, however, could have been profiting long and then short. We now have a long bias....

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