HRL
Hormel Foods Corporation
stock NYSE

This is ok with me as well. The price action is not HRL specific but representative of the consumer staples food sector. (Exhibit: SJM, TSN, GIS, etc) they r all dealing with inflationary pressures which is putting downward pressure on the stock prices. except HRL has the strongest balance sheet of the cohort. And that yield is as tasty as applegate Sunday bacon 🥓

This is ok with me as well. The price action is not HRL specific but representative of the consumer staples food sector. (Exhibit: SJM, TSN, GIS, etc) they r all dealing with inflationary pressures which is putting downward pressure on the stock prices. except HRL has the strongest balance sheet of the cohort. And that yield is as tasty as applegate Sunday bacon 🥓

Vouch. DD checks out. I just started my winter bulk and also bought my first $25 position in HRL on Friday. According to stock analysis the price forecast is +20%. Dividend growth isn't quite keeping up with inflation at 2.87% and is a smidge frisky at 84% payout ratio but it's at a 5yr low Soo it can't keep going down... Right? Also 3 insiders bought 74.8k shares according to Robinhood so if they're confident I'm confident with my $25.

HRL pitch. Get swole on dividends and protein!!