The recent drought has not been kind to leading poultry producer Tyson Foods (TSN - Get Report). Corn is a major source of chicken feed, and rising corn prices are leading to fast-shrinking profit margins on every bird sold. (Tyson is also a major producer of beef and pork as well, which are also affected by corn feed prices.)
Just a month ago, analysts though Tyson would earn nearly $2.30 a share by 2013. Now they think the company will be lucky to earn $1.50 next year. Yet paradoxically, this is precisely the backdrop in place to find this stock appealing.
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