The Hershey Company (HSY) has been named one of the 13 Best Consumer Staples Dividend Stocks to Invest in Now. Piper Sandler upgraded HSY to Overweight from Neutral, citing easing cocoa costs and the removal of cocoa tariffs. Hershey raised its 2025 net sales growth target to 3% and expects earnings growth above expectations.

Hershey reported stronger-than-expected quarterly results, prompting an increase in full-year sales and profit outlook. The company saw higher demand for premium chocolates and snacks, with sales benefitting from healthier, zero-sugar products. While North America Salty Snacks volumes rose 11%, North America Confectionery volumes declined by 1%.

HSY operates in three segments: North America Confectionery, North America Salty Snacks, and International. The company is seen as a potential investment, but some believe other AI stocks offer greater upside potential. For more information on undervalued AI stocks, refer to a free report on the best short-term AI stock.

Overall, Hershey is poised for growth with the easing of cocoa costs and the removal of cocoa tariffs. The company’s strategic focus on healthier products and premium snacks has driven sales and profit outlook higher. Investors looking for potential growth opportunities can consider Hershey as part of their investment portfolio.

Read more at Yahoo Finance: Hershey (HSY) Upgraded at Piper Sandler as Cocoa Pressure Eases