2023-08-09 05:20:00 ET
With nothing more than a passing glance it would be easy to assume one's just as good for your portfolio as the other. After all, it's meat. How different can the two companies be?
As it turns out, a lot. Whereas Tyson Foods (NYSE: TSN) largely sells raw chicken, beef, and pork products for consumers to cook to their liking, the bulk of Hormel Foods ' (NYSE: HRL) business is precooked products that just need to be heated up.
This seemingly small difference is a pretty big deal, making one of these companies' stocks a better, more reliable bet than the other.
For further details see:
Better Stock Buy: Hormel vs. Tyson Foods