Why Hershey's Stock Offers Generational Wealth Potential with Low Valuation and High Dividend Yield
Monday, 1 April 2024, 09:07
Why Hershey will move past its current headwinds
Currently, there are two short-term and two longer-term issues facing Hershey's operations:
Short-term pain
- Heavy rains in West Africa have doubled cocoa prices
- Sugar prices have outpaced inflation
- Massive capital expenditures integrated ERP system and production boost by 25%
Long-term, existential threats?
- Mr. Beast's Feastables and GLP-1 weight loss drugs pose potential long-term challenges
In spite of these headwinds, Hershey's solid financial performance in 2023 and attractive valuation make it an appealing investment opportunity.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.