AfraSimon
07:06

My family is having steak as our Christmas meal.

Mom's cooking. But this is the first time we've ever had steak on Christmas.

But then I remembered seeing a few recent headlines that I originally overlooked/disregarded.

Per Instacart, requests for:

> ribeye roasts increased +2,238%

> prime rib increased +1,909%

> tenderloin roasts increased +898%

...all surged TWO days before Christmas compared to the yearly average.

Red meat purchases always spike around the holidays, but this is an outlier.

For a longer term play, $Tyson(TSN)$ , has been sitting in a $10 range for almost three years now.

I'm tracking TSN's recent ability to shake off "bad press" closely too.

Just a month ago...Tyson announced that it's planning to close one of its largest beef-processing plants due to a cattle shortage.

"LOWEST U.S. CATTLE SUPPLY SINCE THE 1950s"

But the stock went up +7% on this announcement.

And the stock is green this month + quarter.

Super impressive (and interesting).

Roughly 78% of Tyson Foods’ revenue comes from meat segments btw.

And what happens when these cattle conditions improve...even slightly?

Good things.

This is a longer term idea for Tyson Foods, TSN, at $58.26.

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