The Latest Breaking News from HSY

Hershey was one of only seven U.S. stocks to hit a 52-week low on Monday. The chocolate and candy giant hasn’t traded this low since December 2021. Now is an excellent time to buy on the dip. Here are three ways to play it.

Food-making industries are in a prime position to capitalize on the growing demand for organic and ready-to-eat food. While leading food makers Kellogg (K) and Hershey (HSY) should benefit, let us determine whether you should buy, hold, or sell the stocks.

Leading chocolate manufacturer Hershey’s (HSY) shares have gained more than 14% over the past year, compared to the broader S&P 500 index’s 18% decline. The company reported impressive third-quarter results and raised its full-year financial outlook, reflecting higher-than-anticipated consumer demand and favorable price elasticities across its segments. Given HSY’s strong…

Despite sky-high food inflation, the food industry has been witnessing sustained demand this holiday season. The industry’s strong growth prospects should bode well for quality food stocks Hershey Company (HSY), Kellogg Company (K), and Flowers Foods (FLO). Read on….

Although food inflation remains high, holiday food shopping has picked up the pace. The packaged food industry’s promising prospects bode well for fundamentally sound food makers Hershey (HSY), Sysco Corp (SYY), US Foods (USFD), Flower Foods (FLO), and Pilgrim’s Pride (PPC). Read on….

Despite economic uncertainties, retail sales have remained resilient lately. Since the Fed is expected to slow the rate hikes with inflation showing signs of cooling down, holiday sales are expected to be strong. Therefore, it could be wise to pick up fundamentally strong retail stocks Walmart Inc. (WMT), The Hershey…

Despite the Fed’s hawkish stance, the U.S. economy grew in the fiscal third quarter of 2022, along with a resilient labor market. Moreover, an expected slowdown in future rate hikes has raised investors’ sentiment. Therefore, fundamentally sound stocks Coca-Cola Company (KO), Hershey Company (HSY), and Mosaic Company (MOS) could be…

Inflation has undoubtedly affected consumer sentiment, but retail sales remained resilient. Given the signs of cooling inflation, holiday sales are expected to be robust this year. Therefore, it could be wise to add fundamentally strong stocks Walmart (WMT), Hershey (HSY), and Dillard (DDS) to your watchlist now. Continue reading….

Although hopes of a Fed pivot have boosted investor sentiment, a global recession could hit next year. Against this backdrop, we think fundamentally strong large-cap stocks Synopsys (SNPS), The Hershey Company (HSY), Cintas Corporation (CTAS), and Fortinet (FTNT) are good investments for stable returns. Read on….