9 Best Alternative Meat Stocks to Buy

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

Number of Hedge Fund Holders: 37   

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. There are several compelling factors that make this company a strong investment. As per the report for the fourth quarter of 2024, the sales were $13,565 million, increasing 1.6% from the prior year, and the GAAP operating income was $525 million, increasing $988 million from the prior year. This demonstrates the company’s efficient core business operations, driven by better cost management and improved pricing, leading to higher profitability. Moreover, the company has introduced the Jimmy Dean Plant-Based Breakfast Sausage Patty, which aims to deliver the signature taste of the traditional Jimmy Dean sausage in a plant-based format. This would appeal to consumers seeking healthier meat alternatives. Lastly, the company has also launched the Raised & Rooted brand, which includes various plant-based products such as burger patties, bratwurst, Italian sausages, and ground meat alternatives.