10 Best Alternative Meat Stocks to Invest In

7. Tyson Foods, Inc. (NYSE:TSN)

Number of Hedge Fund Holders: 27   

Tyson Foods, Inc. (NYSE:TSN) operates as a food company worldwide. Tyson Foods has expanded into the alternative meat market over the past few years, offering various plant-based and blended products. Some of these include plant-based nuggets made primarily from pea protein, plant-based patties, and blended products that combine plant-based ingredients with traditional meat, aiming to reduce the overall meat content. The firm has also shown interest in the cultivated meat sector by investing in companies like Future Meat Technologies and Memphis Meats, which are at the forefront of developing lab-grown meat.

Tyson Foods, Inc. (NYSE:TSN) has attracted the attention of Wall Street investors with investments in lab-grown meat. Barclays recently raised the price target on the shares to $72 from $69 and kept an Overweight rating, highlighting that the firm reported solid results for the quarter as continued improvements in Chicken and Pork offset continued weakness in Beef and expected declines in Prepared Foods.