Swing Trading Strategies & Stock Picks Since 2003

Stock Pick of the Day

Tyson Foods Inc)

Closing Price: $14.04

RSI: 76.73

MACD: 0.25

Tyson Foods Inc) had the biggest gain in the S&P 500, as it climbed 5.2% to $14.04. The world’s largest meat producer was raised to “outperform” from “neutral” at Credit Suisse Group AG, which said the company is “still under-owned, unloved, and in the early stages of a cyclical rebound in protein processing.”

Tyson Foods (TSN) had a gap-up opening on Thursday, and closed at a level of $14.04. The stock is likely to move into a new breakout area once Tyson Foods (TSN) clears the trailing 52 week resistance of $14.25.