The Latest Breaking News from HSY

Hershey has lagged the consumer staples sector over the past three months, and analysts remain cautious about the stock’s prospects.

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.56% this morning as market participants cheered forecast-beating quarterly results and a record share buyback from tech giant Apple and looked ahead to critical U.S. non-farm payroll data due later in the day.

The sky has been the limit for cocoa prices in 2024. Crop devastation has led to the highest price in history. Chocoholics worldwide are paying a pretty penny for their chocolate confectionery fix, and chocolate manufacturers are seeing their cost of goods sold skyrocket.

Cocoa prices have continued to rise and are moving further away from the 1977 record high. The primary ingredient in chocolate confectionery products is causing chocoholics to shell out much more money for their daily fix.

Hershey Foods stock has crushed the broader markets over the last two decades. Here's why it might struggle to repeat that standout performance in 2024.

While it's unknown how the major indexes will perform in 2024, the past year that's nearly in the books has been good. Several long-duration options were unusually active on Thursday. Here are three to hold until 2025.

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.

In a new partnership with Ocean Spray, Hershey announced on May 9 that it would produce chocolate-covered fruit with the cranberry grower. It’s another example of why Hershey’s is a must-own consumer staples stock.

As the food industry is capable of thriving despite broader economic turmoil due to its inelastic demand, investors could consider having a look at the nostalgic favorite food stocks Hershey (HSY), Kellogg (K), and Campbell Soup (CPB) to garner substantial returns from their steady demand. Read on….

Sticky inflation, robust spending, and resilient job growth have dwindled the likelihood of a Fed pivot and rekindled recessionary concerns. Amid rising market volatilities, quality stocks Pfizer (PFE), Hershey (HSY), and Bluegreen Vacations Holding (BVH) might be wise portfolio additions to hold on to for the next decade. Read on….