Important lessons about today’s stock market can be learned from looking at SPAM. Not the mass messages that clutter your Inbox on a daily basis, but the meat product that comes in a can and is made from ham (mostly). Hormel Foods is the maker of this legendary food brand among others including Dinty Moore, Jennie-O, and Skippy. And despite the relatively staid nature of its business, the path of Hormel’s stock price over the past few years provides some important lessons about what might lie ahead for the broader market at some point in the near future.
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