Bull’s Eye Report: Tyson Foods (TSN)

by Dave Moenning | September 10, 2013 11:48 am

At StateoftheMarkets.com[1], we strive to “own the best and ignore the rest” in our equity portfolios. Toward this end, each day we search our database for a “top stock” (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical “set up” and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the “bull’s eye” stock shown below is generally their first choice.

Company Symbol Industry Stock Rating YTD% Gain S.T. Stop Loss
Tyson Foods TSN Packaged Foods & Meats 7.5 +53.86% $28.40

Why We Like The Stock:

Tyson Foods (TSN[2]) is our most compelling buy today due to the fact that it is a top-rated stock (in terms of earnings strength and company/industry performance). Packaged foods and meats stocks have faltered a bit as the market turned sour during the development of the Syria situation, as shown in stocks like Sanderson Farms (SAFM[3]), Flowers Foods (FLO[4]), ConAgra Foods (CAG[5]) and TreeHouse Foods (THS[6]). However, there are a few outperformers, and TSN is one of them. The stock has been straight up this year, only pulling back just recently in late August. TSN already has based just above the 50-day moving average and is on the upswing once again, so we wouldn’t wait too much longer to jump in on this stock. TSN recently hit highs just south of $32, so there is plenty of upside in the short-term. We like TSN at current prices for a run back to these levels, and a hold should it break above to new all-time highs.

We Would Be Buyers:

At the current price (~$29.80).

Company Profile:

Tyson Foods, Inc.  is a meat protein companies and food production company. The company produces, distributes and markets chicken, beefs, pork, prepared foods and related allied products.  The company’s integrated operations consist of breeding stock, contract growers, feed production, processing, further-processing, marketing and transportation of chicken and related allied products, including animal and pet food ingredients.

Stock Rating: 7.5

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 – 10 with 10 being the highest.

Tyson Foods – Last Three Months

tsn 1 Bull's Eye Report: Tyson Foods (TSN)[7]

Tyson Foods – Last 12 Months

tsn 2 Bull's Eye Report: Tyson Foods (TSN)[8]

Tyson Foods – Last Five Years

tsn 3 Bull's Eye Report: Tyson Foods (TSN)[9]

Looking to trade the Bull’s Eye stock picks? Click here to download our free Special Report, “How We Identify Our “Bull’s Eye” Picks & How You Can Profit Trading Them”[10]
At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.

Endnotes:
  1. StateoftheMarkets.com: http://www.StateoftheMarkets.com
  2. TSN: http://studio-5.financialcontent.com/investplace/quote?Symbol=TSN
  3. SAFM: http://studio-5.financialcontent.com/investplace/quote?Symbol=SAFM
  4. FLO: http://studio-5.financialcontent.com/investplace/quote?Symbol=FLO
  5. CAG: http://studio-5.financialcontent.com/investplace/quote?Symbol=CAG
  6. THS: http://studio-5.financialcontent.com/investplace/quote?Symbol=THS
  7. [Image]: http://investorplace.com/wp-content/uploads/2013/09/tsn-1.png
  8. [Image]: http://investorplace.com/wp-content/uploads/2013/09/tsn-2.png
  9. [Image]: http://investorplace.com/wp-content/uploads/2013/09/tsn-3.png
  10. Looking to trade the Bull’s Eye stock picks? Click here to download our free Special Report, “How We Identify Our “Bull’s Eye” Picks & How You Can Profit Trading Them”: http://stateofthemarkets.com/wp-content/uploads/2013/08/Top5SpecialReport.pdf

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