Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day down 0.3%. By the end of trading, Tyson Foods rose $0.28 (1.0%) to $27.31 on average volume. Throughout the day, 3,350,017 shares of Tyson Foods exchanged hands as compared to its average daily volume of 3,706,700 shares. The stock ranged in a price between $27.15-$27.52 after having opened the day at $27.16 as compared to the previous trading day's close of $27.03. Other companies within the Food & Beverage industry that increased today were:
), up 4.3%,
), up 3.4%,
), up 3.0% and
), up 2.8%.
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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 $7.7 billion and is part of the consumer goods sector. Shares are up 39.9% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Tyson Foods a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. 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 12.9%,
), down 6.1%,
), down 4.4% and
), down 4.2% , 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.
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) while those bearish on the food & beverage industry could consider
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