Tyson Foods Inc. (TSN): Today's Featured Food & Beverage Winner
(
) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.6%. By the end of trading, Tyson Foods rose $0.29 (1.1%) to $26.32 on light volume. Throughout the day, 2,147,706 shares of Tyson Foods exchanged hands as compared to its average daily volume of 4,028,900 shares. The stock ranged in a price between $26.06-$26.36 after having opened the day at $26.16 as compared to the previous trading day's close of $26.03. Other companies within the Food & Beverage industry that increased today were:
(
), up 7.1%,
(
), up 4.4%,
(
), up 4.1% and
(
), up 3.6%.
Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, prepared foods, and related allied products worldwide. It operates in four segments: Chicken, Beef, Pork, and Prepared Foods. Tyson Foods has a market cap of $7.5 billion and is part of the consumer goods sector. Shares are up 34.2% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Tyson Foods a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Tyson Foods
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Tyson Foods Ratings Report.
On the negative front,
(
), down 5.7%,
(
), down 2.5%,
(
), down 2.5% and
(
), down 2.3% , were all laggards within the food & beverage industry with
(
) being today's food & beverage industry laggard.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
PowerShares Dynamic Food & Beverage
(
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
(
ADZ
).
- Find other investment ideas from our top rated ETFs lists.
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