Hormel Foods Higher For Fifth Day In A Row

Hormel Foods Corp HRL is trading higher by $1.50 at $81.91 in Monday's session. It is trading higher for the fifth day in a row. Over that time period, it has rallied from its January 25 close ($75.52) to its current level.

After a flat open, it retreated and found support just under Friday's former all-time high close ($80.41), reaching $80.18 before turning higher.

It has easily surpassed its former all-time high ($80.53), so far reaching $82.36. Since making that high, it has been struggling to remain in the $82 handle.