1. Hershey's stock experienced volatility due to takeover speculation, but has resumed its downtrend driven by contracting sales and higher margins. 2. Despite headwinds, Hershey remains a leading confectionary brand with a solid revenue stream and a forward dividend yield of 3.24%. 3. Its current problems could be temporary or can be fixed, and the author rates Hershey a 'buy' near potential support at $160-162.
Related Articles
- Coca-Cola And PepsiCo: Own Both Or Lose Big This Year5 months ago
- Celsius Holdings: Despite Low Predictability, Attractively Priced Due To Turnaround Potential (Rating Upgrade)5 months ago
- Alphabet: A Hold Your Nose Buyabout 10 hours ago
- NuScale Power: The Bottom Isn't In Yet (Technical Analysis)2 months ago
- I'm Betting On Tan's Intel For A Trade In 2025 - Initiating With A Buy2 months ago
- Palantir: It's Like Nvidia In 2022 (Rating Upgrade)2 months ago
- Palantir: Tailwinds Continuing To Fade2 months ago
- Nebius Group: Update Of My Nebius AI's Operating Metrics Forecast And Valuation2 months ago
- SoFi Technologies: Don't Overthink It - Accumulate More While You Still Can2 months ago
- Alphabet: 2 Reasons To Buy The Dip In This Incredible Long-Term Compounder (Rating Upgrade)2 months ago