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Stock #6: Hormel Foods (HRL)
For the past nine years, Hormel Foods Corp. (HRL) has been named one of “The 400 Best Companies in America” by Forbes.
This is no surprise. Since the company’s founding back in 1891, Hormel has been a leader in the processing and marketing of pork. Now it has grown into a multinational manufacturer and marketer of brand-name food and meat products.
Hormel’s products include: hams, bacon, sausages, franks, canned luncheon meats, stews, chilis, hash, meat spreads, microwaveable entrees, salsas and frozen foods. Some of the company’s familiar brands filling shelves at local grocery store range from SPAM to Chi-Chi’s to Jennie-O Turkey.
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