If I Could Only Buy 1 Stock, This Would Be It

I'm a dividend investor, with a focus on buying companies trading with historically high dividend yields. Hormel Foods (NYSE: HRL), a company I've owned for many years, is incredibly attractive today. If I didn't already own it, it is the one stock I'd be looking to add even if a recession looms in the wings. Here's why.

Hormel sells branded food items to consumers and precooked meats to the food service space. We all need to eat, and this food maker is ready and able to help.

However, there are nuances here that are important. For example, on the consumer side of the business, Hormel owns iconic brands with leading positions, like Skippy, Planters, SPAM, and Wholly Guacamole. These are brands that consumers trust and often stick to even when times get tough. 

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Source Fool.com