Best Stock to Buy Right Now: Kraft Heinz vs. Hershey
Kraft Heinz stock is trading 20% below its three-year high-water mark. Shares of Hershey have fallen more than 25% from their three-year highs.
Hershey: Buckle Up For The Rest Of 2024
The Hershey Company's stock has been underperforming the sector, but that's mostly due to outside factors. Near-term pressures are expected as input-costs remain elevated and pricing tailwinds dissipate. The stock, however, is fairly priced, and downside risk remains limited for shareholders with a long-term investment horizon.
Hershey Co lays off some workers this week
A spokesperson for Hershey said on Thursday the chocolate maker laid off a small number of its employees this week as part of organizational changes the company announced earlier this year when cocoa prices reached record highs.
Hershey (HSY) Falls More Steeply Than Broader Market: What Investors Need to Know
In the most recent trading session, Hershey (HSY) closed at $197.63, indicating a -0.83% shift from the previous trading day.
Hershey: The Big Picture Is Still Fine
The Hershey Company faced a financial setback recently due to softening demand and planned inventory management, resulting in a double-digit net sales decline in Q2 2024, along with margin reductions. But the US consumer economy's continued resilience along with softening inflation and impending rate cuts can stabilize demand for Hershey going forward. Despite a price rise in recent months, its forward P/E continues to look good too.
3 Reasons to Buy Hershey Stock Like There's No Tomorrow
Hershey stock looks historically cheap today while offering an above-average dividend yield. Its earnings have been complicated by an upgrade to its distribution system.
Hershey (HSY) Stock Drops Despite Market Gains: Important Facts to Note
Hershey (HSY) reachead $198.46 at the closing of the latest trading day, reflecting a -0.08% change compared to its last close.
Where Will Hershey Stock Be in 5 Years?
Hershey is attempting to kick-start growth following a period of weak results. The business remains solid with several levers to improve sales and profitability.
How Much Will Hershey Pay Out in Dividends This Year?
Hershey currently pays an above-industry-average dividend yield. However, investors shouldn't over-focus on Hershey's cash payouts.
Should Investors Get Sweet on Hershey Stock?
Net sales and net income fell amid falling consumer spending. The struggles in the stock have coincided with a rising dividend.
3 Sweet Dividend Stocks to Buy for a Satisfying Passive Income Stream
Coca-Cola is dividend royalty. Hershey's pays a sweet dividend.
Hershey (HSY) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the latest trading session, Hershey (HSY) closed at $193.06, marking a +0.71% move from the previous day.
