Was curious if anyone has been looking at Tyson?
Obviously they have been getting pummeled in the news with all the outbreaks they have had in their plants. However, I see this as a temporary setback. Especially with president trump signing an executive order that pretty much absolves them from getting sued.
I was curious if anyone is using this low as an entry point?
They have a low P/E ratio(11) along with a nice dividend (2.4%). decent PEG 2.3
In a post-COVID world people are still going to be needing meat no matter how much BYND grows. Their core business won’t change much after COVID is all over.
They will also benefit from all the restaurants opening later in the year.
Let me know your thoughts
Submitted June 22, 2020 at 06:54PM by SUPER_swan https://ift.tt/37WkylM
