Hormel Foods: Buy, Sell, or Hold?

The food company is trying to get back on its feet after some trying years.Food products company Hormel Foods (HRL -0.06%) could be considered a blue chip stock. Most companies that raise their dividends every year for more than five consecutive decades earn that label. But Hormel's stock price doesn't reflect that now -- it's down nearly 40% from the all-time high it reached two years ago.Investing in broken blue chip companies can be a lucrative long-term strategy if their struggles relate to temporary is ...