05-26-2020, 07:01 AM
Sounds logical to me. I've looked at DG and HRL many times. I've always been a few months late and the price had recently spiked. I am underweight consumer staples. I may just start a small position in HRL and sell a put until I eventually get a dip and a larger position. I don't think you can go wrong adding a few shares at about any price. Between Covid and trade escalations, I think HRL input prices (AG in general) will swing around at some point. There is just too much going on near-term.