The Latest Breaking News from HSY

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….

While the broader market has been battered and bruised by various headwinds over the past year, Hershey (HSY) has been an oasis of consistently growing profitability and looks set to continue the trend this year. Read on….

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…