行业新闻

Hormel A Best In Show Stock For Dividend Growth Investors

  • Hormel Foods is a food conglomerate that successfully grows via strategic acquisitions. The company's acquisition of Planters is a shining example of that.
  • Hormel accomplishes this while continually growing its dividend and maintaining a healthy balance sheet.
  • The stock doesn't appear "cheap", but the company's strong track record and fundamental excellence make Hormel worth considering at current levels.
  • Most known for its SPAM canned meat, Hormel Foods Corporation (HRL) is much more than that. The company boasts a wide range of strong food brands and has a track record of strong management and financial discipline. For dividend growth investors, this means both rising dividends and steady earnings growth over the long term.

     

    Hormel is one of the best food companies that long-term investors can buy. We will outline the driving factors behind Hormel's strong performance and demonstrate why the stock remains attractive at current valuations.