The Hormel Chart
Hormel is a boring company that has had an exciting chart as of late. The company has made real efforts to provide a suite of food alternatives. From its acquisition of Applegate to move into the turkey business, to recently speaking about moving into the plant-based protein space. While this is not a recommendation as valuation is always our ultimate consideration, this is a company we continue to analyze to understand industry trends taking place.
As an IBD partner, we wanted to share a promotion for their charting software. It provides a quick summary of technicals for markets and stocks. We have been using it and it can be a real tool for efficient technical analysis.
Disclaimer: This is not a recommendation for purchase or sale of any securities. Avory is a not a shareholder of either company, but this can change at anytime.
AVORY & CO. IS A REGISTERED INVESTMENT ADVISER. INFORMATION PRESENTED IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE SEE FULL DISCLAIMER HERE