2024-07-08 06:23:31 ET
Summary
- The Hershey Co. has recently recovered from price shocks in the cocoa and sugar markets, which has propelled its stock far below its 2023 highs.
- Hershey stands to gain significantly if it is able to weather future price shocks, something their fundamentals back up.
- This article analyzes Hershey's place in the current market and whether Hershey will be able to continue its former trajectory before the market shocks.
Introduction
The Hershey Chocolate Company or The Hershey Company ( HSY ) was founded in 1894 in Hershey, PA, and is still there today. It even has an amusement park in the town.
I don't remember much about the experience going to the park as a kid, and I haven't been back since I was in the third grade, but I do remember how sick I felt the next day after eating so much chocolate. ...
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For further details see:
Hershey: The Valuation Is No Longer Sickly Sweet