Tyson Foods (TSN) is benefitting from lower energy costs and the general opinion that food stocks are defensive. Many of the food related stocks are experiencing the same push to the upside. Keep in mind that the charm of these stocks can come off just as fast as it came on. The stock has moved above the 130%FV mark a second time even after rewarding the company for the benefit of longer term energy cost reductions. We believe the expectations for profitability may be overdone at the current levels. Caution should be exercised.
Tyson Foods (TSN) Benefits from Lower Energy Costs but Expectations May Be Too High
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