Jim Cramer on the Potential Stocks Impacted By a Meat Shortage
The coronavirus has had an impact on everything from the restaurant industry to schools and now more and more industries and companies are starting to feel the impact.
In fact, on April 11, a Smithfield Foods pork processing plant in South Dakota is being temporarily closed for cleaning after more than 80 employees at the plant were confirmed to have the coronavirus.
The facility suspended operations in a large section of the plant on April 11 and completely shutter on April 12 and April 13.
So, what if we see more of an impact from the virus, what if there's a meat shortage?
Jim Cramer weighs in on the stock he'd buy if that happened.
Watch the full video above.
You can read more on Tyson and CVS over on ActionAlertsPLUS.com.
All right, Jim, and let's talk about the potential stocks impacted by a meat shortage.
Well, the only one that should be bought is Tyson. Tyson doesn't have a problem. Tyson sucks. It really is. It's up 54 cents. How pathetic. Its biggest competitor can't produce the stuff. I made a major mistake with Tyson. When you look at it, we have a conference call this week, I screwed up with Tyson and I screwed up with Viacom. I'm taking some CVS off the table because I think that they screwed up, but we can cover those in our other video. But I've beaten myself up enough about Tyson. They're just pathetic, and it's okay. There are football teams that are pathetic. These guys can't seem to capitalize off of anything.
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