Tyson Foods: Deep Drop After Earnings Presents Opportunity

May 18, 2023 2:44 AM ETTyson Foods, Inc. (TSN) Stock, , , 50 Comments
Cash Builder Opportunities
Investing Group Leader

Summary

  • Tyson Foods fell hard after their earnings, but things have been stabilizing a bit since.
  • I believe that shares were cheap previously, and despite a loss, the shares still look cheap.
  • TSN is a more cyclical company, despite being a consumer staples stock.
  • Buying when things are dire can often lead to being rewarded long term.
  • This idea was discussed in more depth with members of my private investing community, Cash Builder Opportunities. Learn More »

Tyson Foods

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Tyson Foods (NYSE:TSN) was hit when they announced their latest earnings last week. Since announcing these results, the shares have come back from the lows but are still off meaningfully from where they were prior. The quarter was a shock

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This article was written by

Cash Builder Opportunities
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Cash Builder Opportunities (aka Nick Ackerman) is a former fiduciary and a registered financial advisor with 14 years of investing experience.

He is the leader of the investing group Cash Builder Opportunities, where his specific focus is on closed-end funds, dividend growth stocks, and option writing as an attractive way to achieve income. He shares model portfolios and research to help investors make better decisions, via his Investing Group’s active chat room.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of K, CAG, SHORT K CALLS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

May initiate a short TSN put position in the next 72 hours.

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