Jim Cramer's Mad Dash: Hormel Foods Is Fabulously Well-Run

NEW YORK (TheStreet) -- Shares of Hormel Foods (HRL) are higher by roughly 5%, following a top- and bottom-line earnings beat. TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, took a closer look. 

On CNBC's "Cramer's Mad Dash" segment, he points out that refrigerated foods, such as bacon and Jennie-O Turkey, are performing well for the company as input costs drop.

Input costs are falling in part because of declining raw material costs, like lower grain prices, Cramer explained. 

And although Tyson Foods (TSN) recently purchased Hillshire Brands (HSH) , Cramer suggested Hormel Foods is likely working hard to stay independent. 

Hormel has a great dividend, is a fabulously well-run company and finds a way to deliver favorable results even when conditions are unfavorable, Cramer concluded. 


- - Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

More from Opinion

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry

Nasdaq Exec: Exchange Is 'All-In' on Using Blockchain Technology

Nasdaq Exec: Exchange Is 'All-In' on Using Blockchain Technology

It's Dumb to Think Legalizing Weed Is Still a Political Issue

It's Dumb to Think Legalizing Weed Is Still a Political Issue

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters