We recently published 10 Stocks That Were On Jim Cramer’s Radar As He Warned “It’s Too Early” To Buy. Hormel Foods Corporation (NYSE:HRL) is one of the stocks Jim Cramer recently discussed.
Hormel Foods Corporation (NYSE:HRL)’s shares, like its peers in the food industry, have struggled in 2025. They have lost 19% year-to-date after sinking by 13% in August after the firm’s fiscal third-quarter earnings. These results saw Hormel Foods Corporation (NYSE:HRL) miss analyst EPS and revenue estimates by a wide margin. Cramer discussed the firm after the earnings and pointed out that a key reason behind the poor performance was higher beef prices, which constrained the firm’s ability to adjust its prices. This time, he commented on Hormel Foods Corporation (NYSE:HRL)’s latest and disastrous quarter:
“Go over that Hormel quarter and you don’t feel like lightning strikes. You feel flooded. That was a horrible quarter.”
Here is what Cramer said about Hormel Foods Corporation (NYSE:HRL)’s pricing power:
“Hormel has zero pricing power. That’s just commodity, zero pricing power. Zero pricing power.
“Well you know, look, beef, cattle prices are just extreme. We’ve never seen this.”
While we acknowledge the potential of HRL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.