Oct. 10 at 2:48 PM
$HRL Here's some reasons to buy; but you do your own due diligence.
$HRL is trading near 52-week lows, offering a potential value entry point for long-term investors. It pays a consistent
$0.29 quarterly dividend and has a strong track record of dividend announcements. Hormel owns 50% of Butterball LLC, a major U.S. turkey producer, and with 89% of Americans expected to serve turkey during the upcoming Thanksgiving and Christmas holidays, demand is set to surge; especially amid early signs of a large turkey shortage. The other 50% of Butterball is owned by
$SEB (Seaboard Corp), a company known for backing quality ventures. With its stable dividend, holiday tailwinds, and strategic poultry stake,
$HRL is worth a closer look. I'm in
$HRL and I bought yesterday. For protection you can look at coveralls 19DEC25 at strikes at 24 or 25 OTM, or ITM at 22 or 24. These are just ideas. Good Luck.
