From Nasdaq: 2024-04-01 05:07:00

Snacking powerhouse The Hershey Company boasts a stable 0.34 beta in the S&P 500, but share prices have dropped by 30% in the last year due to rising cocoa and sugar prices, as well as significant capital expenditures. Challenges include the popularity of Mr. Beast’s Feastables and GLP-1 weight loss drugs. However, Hershey’s sales and EPS grew in 2023, with a 15% dividend increase. Despite headwinds, the company’s dividend yield of 2.5% and P/E ratio of 21 make it an attractive investment, potentially creating generational wealth. Hershey’s shares are currently undervalued, making them a good buy for long-term investors.



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