As we navigate through the third quarter of 2024, the market is emerging from a period of significant gains. Over the past few months, a bullish rally has propelled tech stocks to new heights, leaving dividend stocks in the shadows. Yet, a recent shift in investor sentiment is becoming apparent. There is a growing trend of selling off overvalued tech stocks in favor of undervalued small caps and reliable dividend payers. This shift could mark the start of a broader rotation, presenting a timely opportunity ...

The following three dividend kings have low dividend payout ratios and recession-proof business models, meaning their dividends are well-covered even when the economy is suffering. Source: Alexanderstock23 / Shutterstock Global ecommerce sales soared 21% higher year-on-year, which was led by store-fulfilled pickup and delivery, as well as good performances from the company's marketplace. Global advertising revenue also rose 24%, including Walmart Connect in the US. Comparable sales in the US rose 3.8%, whic ...

AUSTIN, Minn., July 12, 2024 /PRNewswire/ -- For the 23rd time, Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, has made the 2024 Selling Power 60 Best Companies to Sell For list. The list includes 60 of the most deserving sales organizations in the United States. Members of the Hormel Foods sales team are the company's first point of contact with its valued customers and partners. Team members strive to achieve their objective of increasing sales for their areas and divisio ...

The Official Peanut Butter partner of USA Gymnastics is providing peanut butter power to athletes at the final stop on the journey to Paris Both Olympic medalists and Hall of Fame athletes, Dawes and Memmel will sign autographs in the Flip Zone, the official Gymnastics City USA fan festival area in downtown Minneapolis. Visitors can visit the Skippy® brand's booth in the Flip Zone, located in Target Plaza outside Target Center, which will play host to the Olympic Trials. Fans will enjoy a fun, interactive e ...

From acting in national TV ads to musical theatre and public-relations events, this trio of PLANTERS® nutty brand ambassadors is set to hit the streets and 'shell-ebrate' with their peanut-loving fans. (Pictured from L to R are: Katie Krumpinski, Jessie Carl, and Ryan Conners). From acting in national TV ads to musical theatre and public-relations events, this trio of PLANTERS® nutty brand ambassadors is set to hit the streets and 'shell-ebrate' with their peanut-loving fans. (Pictured from L to R are: Kati ...

jfmdesign/iStock Unreleased via Getty Images Hormel Foods Corporation (NYSE:HRL) develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The firm has released its latest quarterly results on the 30th of May, and for this reason, the aim of our article today is to give an updated view on the business, its financial performance and our expectations about the near/mid term. We have started ...

Grilled Spam Burger with Fries LauriPatterson/E+ via Getty Images While we have not been buyers of Hormel Foods Corporation (NYSE:HRL) in any of our past reviews of this business, we have usually called the directional moves right on this one. In our most recent coverage a couple of months ago, we suggested that an exit for the bulls would be perfect. Lofty valuation, the stock being back at its 200-day moving average, and an expectation of a slowdown in the dividend growth story were our reasons at the tim ...

AUSTIN, Minn., June 4, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced participation in the 2024 Oppenheimer Consumer Growth & E- Commerce Conference on Monday, June 10, 2024, at 11:45 a.m. CT (12:45 p.m. ET). Representing Hormel Foods will be Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer. A link to the live webcast, replay and other informa ...

May was a month of haves and have-nots. The markets reached all-time highs, defying the skeptics. However, the indices' action masked underlying carnage in several sectors, which has presented some oversold stocks to buy. Lately, this has been a market of contrasts. Although impressive performances from stocks like Nvidia (NASDAQ:NVDA) led the S&P 500 to the highest monthly close ever, breadth has been weak. Indeed, looking under the hood, many stocks are making three-month lows. Idiosyncratic factors have ...

Get Hormel Foods alerts: Hormel's Earnings: Slight Decline but Beating Expectations Hormel Foods Today Key Points Hormel Foods Corporation NYSE: HRL stock investors are living the expression that what goes up must come down. HRL stock is down 8.8% in midday trading after the company posted mixed earnings. This movement is almost exactly opposite to the price movement in HRL stock after the company's previous earnings report in February 2023, when the stock gapped up sharply. Investors have seen much of thei ...