HSY is operating in a challenging environment, thanks to historically high cocoa prices and a stretched consumer base.
Shareholders in Hershey (HSY -1.99%) are hoping for sweeter days ahead following a frustrating 2024. Underwhelming sales by the confectioner have pressured the stock, which is down about 12% over the past year and currently near a 52-week low.
In the most recent trading session, Hershey (HSY) closed at $162.22, indicating a -1.99% shift from the previous trading day.
Hershey faces challenges, including record-high cocoa prices and potential demand impacts from weight loss drugs, affecting margins and growth outlook. Despite these headwinds, Hershey's strong financials, solid ROIC, and brand power suggest long-term investment potential if approached with a patient, mindful and gradual strategy. I suggest a cautious buy, using dollar-cost averaging over the next year to build a full position, considering Hershey's resilient business fundamentals.
Hershey: Forget The Takeover And Focus On What Matters
Hershey (HSY 0.14%) isn't normally viewed as a high-yield stock, but its dividend yield of 3.2% today is near its highest level ever. Investors can still easily find higher yields on Wall Street.
Hershey (HSY) closed at $168.79 in the latest trading session, marking a -0.33% move from the prior day.
In the closing of the recent trading day, Hershey (HSY) stood at $171.76, denoting a +0.93% change from the preceding trading day.
Hershey (HSY) closed at $170.18 in the latest trading session, marking a -0.18% move from the prior day.
Hershey is battling rising costs and shifting consumer behavior, leading to a lowered 2024 forecast and increased market challenges.
The Hershey Company (HSY 0.88%) is an iconic stock thanks in no small part to the tasty confectionary treats it produces. But there's so much more to know about this consumer staples giant, including that its dividend yield is historically high at 3.2% today.
U.S. big tech companies may face a stall in 2025 due to overvaluation, a strong dollar, and weak overseas economies. Consumer staples like Mondelez, Hershey, and Pepsi offer stability, recession-proof revenues, and attractive dividends, making them excellent investment opportunities. Mondelez, Hershey, and Pepsi are undervalued with potential for both capital gains and growing dividends, providing a safer investment amid market uncertainties.