Hormel Foods Corp (HRL)

This company has good earnings and solid growth. And they should benifit from rising food prices.

good company its makes spam

innovative product developement;profit sharing w/ employees;steady management.

Dear Wild Oats shopping former house flippers:
There is a product you've probably made fun of but never tasted called SPAM. You'll be eating it soon. That or IAMS. Enjoy the new America.

Parabolic SAR Buy Signal

Assuming EPS growth of 7% and a discount rate of 9% for this mature company with little debt risk and a solid dividend to collect along the way, I calculate a fair value estimate of $35-$40, with little more risk to the downside that what has already been factored in.

it makes foods affordable in the recession

Everyone buys these products.

10000

Makes products that will always be needed,

Hormel is a cash cow and as long as people continue to buy food products, this stock should weather the storm well. They have a wide array of products with most being heat and serve. Families will fore go the restaurant for equal quality at home with heat and serve products that a company like Hormel offers.

Food producers will survive the downturn, no matter how bad it gets. People have to eat. Plus, the fall in energy prices will work its way into feed and hog prices, boosting profits for Hormel. Where they took a hit when oil prices went up, they get it back when prices go down.

An analyst says Hormel might be affected negatively by the frugality of the marketplace, but if you look at the variety of brands and products Hormel owns, it appears well-positioned, short- and long-term, to weather most any storm. It might not provide a skyrocketing growth scenario, but often slow and steady wins the race.

Solid Company, Well run, High quality products

Because of the weakening economy they're selling as much Spam as they can crank out. This is where all the money went when IHOP and Hardee's got too expensive for people living at or below the poverty line.

http://www.nytimes.com/2008/11/15/business/15spam.html

great stock

Spam is at an all time high! During this economic lows, this company is going to do well.

Founded in 1881 by George A. Hormel & Company and changed its name to Hormel Company in 1995. I love their products. I still eat "SPAM" sandwiches often. As long as this world keeps eating to live, then Hormel will be around to make sure were fed. So invest in a company that feeds us daily.

CHILI