10 Stocks on Jim Cramer’s Radar

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

Discussing Tyson Foods, Inc. (NYSE:TSN), Cramer called the company a “dominant player”.

“Lots of people wanna know why food prices got so outta hand in the last few years. You wanna learn? Why don’t you listen to the Tyson Foods conference call like I will. You’ll get a ton about pricing and they’re the dominant player, meat and chicken. Sometimes you don’t listen to a conference call to pick a stock, you listen to learn. I learn from Tyson.”

Tyson Foods (NYSE:TSN) is a food company that processes and markets a wide range of meat products, including beef, pork, and chicken, along with frozen and refrigerated ready-to-eat foods under several well-known brands. It is recognized for its leading position in the Rendering & Meat Byproduct Processing sector, where it holds an estimated 58.3% of the market share, according to IBISWorld.

In the fourth quarter of fiscal year 2024, the company reported significant improvements in its financial performance, marking a strong recovery from the previous year. The company reported adjusted EPS increasing by 149%, rising to $0.92 per share. Total revenue for the quarter grew by 1.6%, reaching $13.565 billion. A key driver of this positive performance was the strong showing in the chicken and prepared foods segments, which saw substantial gains.

Tyson Foods (NYSE:TSN) President and CEO, Donnie King, expressed confidence in the company’s outlook, stating that its multi-protein, multi-channel portfolio, supported by a skilled team, iconic brands, and a focus on operational excellence, positions the company well for continued success in fiscal 2025 and the future.