The Rising Influence of Rising Affluence

[DewDiligence]

TSN hits all-time high from ever-increasing demand for chicken and pork:

http://www.wsj.com/articles/tyson-aided-by-chicken-and-prepared-foods-sales-1448286776

Tyson Foods Inc. forecast another year of record profit thanks to strength in its chicken and pork operations, sending its shares soaring to an all-time high.

…The sanguine outlook came despite hurdles for Tyson in some business lines, including continued weakness in its beef operations and sluggish export markets.

… In China…Tyson may harness its packaged foods expertise to develop more consumer-focused products in China, though he said the company will continue to supply restaurants there.

I haven’t previously considered TSN a premiere ‘TGDT’ stock, but maybe I should.

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