Scott OlsonA list of defensive consumer staple names have been getting cheaper over the last 12 months. Among my favorites is The Hershey Company (NYSE:HSY), which may have the smartest combination of operating business undervaluation, future growth prospects, and high to rising dividend yield. If you believe a U.S. recession and bear market are next for Wall Street in 2024, this defensive pick could be a great idea, especially on minor weakness. Now, I don't expect spectacular returns from this leading ...

memoriesarecaptured The Hershey Company (NYSE:HSY) is well known in the U.S. and beyond. The stock is no different, being a main staple in portfolios for many years. Even with the recent stock drops, the fundamentals of the company still resemble a strong portfolio of candy that people love. Hershey’s free cash flow has remained strong even with a decline in customer discretionary spending. With such an established market, it is surprising to see such strong growth still present within Hershey’s financi ...

Eddie Elfenbein started the Crossing Wall Street blog in 2006 by making 25 top stock picks and holding them for 12 straight months with no changes. Then, at the end of the year, he drops five names, adds five more and repeats the process. Elfenbein has done this for 18 years. He’s been so successful that he started an ETF—the AdvisorShares Focused Equity ETF (NYSEARCA:CWS)—based on the “Buy List” in 2016.   Since 2018, the ETF has outperformed Warren Buffett’s Berkshire Hathaway (NYSE:BRK.B) and Cathie Wood ...

In the latest trading session, Hershey (HSY) closed at $188.26, marking a -1.16% move from the previous day. This move lagged the S&P 500's daily gain of 0.22%. Elsewhere, the Dow gained 0.36%, while the tech-heavy Nasdaq added 0.32%.Shares of the chocolate bar and candy maker witnessed a gain of 4.35% over the previous month, beating the performance of the Consumer Staples sector with its gain of 3.22% and the S&P 500's gain of 1.61%.The upcoming earnings release of Hershey will be of great interest to inv ...

The Hershey Company (HSY) appears to be in a tight spot thanks to rising expenses. The leading snacks company’s international presence keeps it exposed to risks of unfavorable currency rates. A soft macroeconomic environment is a threat to the company.Shares of the Zacks Rank #4 (Sell) company have slumped 20.2% in the past six months compared with the industry’s 17.3% decline. The stock has underperformed the Zacks Consumer Staple sector’s 2.8% drop.  Let’s discuss this in detail.Cost Concerns StayHershey ...

Setting financial goals each year is a smart idea. Many people (myself included) aim to collect more passive income in 2024. The more passive income you generate, the more financially independent you'll become. There are many ways to earn passive income. Investing in dividend stocks is one of the easiest ways. Many companies pay their investors a portion of their profits in dividends each quarter. Food stocks can be a great way to satisfy your income craving because many companies in the sector generate lot ...

She was tricked by this treat. A Florida woman is taking on The Hershey Company, claiming it has “tricked” customers through “misleading” packaging on Reese’s seasonal-shaped chocolates. Cynthia Kelly, of Tampa, is suing the chocolate giant for $5 million because she claims the packaging and the actual contents don’t match. For example, the pumpkin-shaped chocolate does not have eyes and nose cutouts like the packaging suggests, and the football shape is like an egg, according to the lawsuit, filed in Flor ...

Chocolate giant Hershey is being sued by a disgruntled customer who said its Halloween-themed peanut butter treats didn't match the packaging.Cynthia Kelly, from Florida, argues she bought them because she liked the "artistic designs" of the holiday sweeties. She was especially fond of the "cute looking" eyes and mouth shown on the packets of the peanut butter pumpkins, prompting her to spend $4.49 (£3.52) on them at an Aldi supermarket.When she opened the bag, she found not only were the facial features mi ...

The Hershey Company (NYSE:HSY) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Melissa Poole - VP, IR Michele Buck - Chairman and CEO Steve Voskuil - SVP and CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Max Gumport - BNP Paribas Michael Lavery - Piper Sandler Pamela Kaufman - Morgan Stanley Bryan Spillane - Bank of America Robert Moskow - TD Cowen Chris Carey - Wells Fargo David Palmer - Evercore Alexia Howard - Bernstein Rob Dickerson - J ...

The Hershey Company (NYSE:HSY) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Melissa Poole - Vice President, Investor Relations Michele Buck - Chairman and CEO Steve Voskuil - Senior Vice President and CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Max Gumport - BNP Paribas Michael Lavery - Piper Sandler Pamela Kaufman - Morgan Stanley Nik Modi - RBC Capital Markets Alexia Howard - Bernstein Matt Smith - Stifel Cody Ross - UBS Jason English - ...