The food maker is dealing with some company-specific headwinds, but history suggests it will come out on top.
The economy is cyclical, and if you go in knowing that, you can create a balance and focus that will survive the swings.
Shares of the consumer staple company Hormel Foods (NYSE: HRL) have shed 15% of their value thus far for the year. Let's look at Hormel's fundamentals and valuation to get an answer. More than 40 of the company's brands are ranked No. 1 or No. 2 in their respective categories, which is a testament to the brand power of Hormel's product portfolio.