It's difficult for companies to stay at the top of their industries for long. The competition in the global economy is just too fierce.
In the most recent trading session, Hershey (HSY) closed at $153.72, indicating a +2% shift from the previous trading day.
The Hershey Company's stock is trading at a decade low P/E ratio as consumer staples continue to languish. Hershey is also trading with a decade high dividend yield and double-digit dividend growth rates over 10, 5 and 3-year periods. The company is finally trading cheaper than the risk-free rate of return, the first time in my 3 analyses.
I initially bought Hershey (HSY 0.55%) in late 2023 and over roughly a year built it up to what I consider a full position. The story behind the stock hasn't changed at all since I bought it, and if I didn't already have a full position, it would still be on my top-buy list.
If a stock is near its 52-week low, it may be a great time to buy it on the dip, particularly if you're bullish on its long-term prospects. But what about when it's trading at more of a discount, and is at prices it hasn't been at in multiple years?
In the most recent trading session, Hershey (HSY) closed at $153.57, indicating a +0.46% shift from the previous trading day.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the news that the longtime CEO and board chair of Hershey (HSY 0.23%) announced her retirement recently, what it means for the company, and what to expect.
There's going to be a new nameplate before long on a C-suite door of candy company Hershey (HSY -1.25%). Just after market hours last Friday -- considered by many public relations professionals to be a suitable time slot to release bad news -- it announced that CEO Michele Buck will exit the company.
Hershey (HSY) closed at $155.31 in the latest trading session, marking a -1.25% move from the prior day.
The market indices all hit new highs in 2024, but some top consumer brands didn't fare as well and saw their share prices tumble to new lows.
Why Wall Street Has Been Too Bearish On Hershey
The S&P 500's high P/E ratio suggests caution, but there are nonetheless surprisingly good deals in high-quality companies available. Since I own The Hershey Company, I thought long and hard about adding Mondelez to my portfolio. I realized that Mondelez International, Inc. has several characteristics that indeed qualify it as a valuable addition. In addition to a business review, I will scrutinize the returns on capital of both companies and offer an alternative line of thinking when evaluating the profitability of Mondelez.