Who ever would have thought that a stock that would throw off triple-digit percentage gains in under two years would be boring old Tyson, purveyor of bacon, ham, and other meat products? But it’s true, and a lifetime high is on the board today.
This is driven by their announcement of double-digit price increases (congratulations, grocery store shoppers, and be sure to thank the Fed!) compelled by the ever-rising price of hogs.