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.

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…

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…