Hershey-Trash Bin Alert: 3 Cocoa Stocks to Dump Before the Bitter End

Cocoa prices are still pushing aggressively higher, and may still have room to run. Recently passing $10,000, cocoa is up about 120% this year. All thanks to harsh weather conditions, black pod disease, swollen shoot virus, underinvestment and supply shortages. These factors have led investors to look at some of the top cocoa stocks to sell.Hershey (HSY)Source: George Sheldon / Shutterstock.comSince topping out mid-2023 at around$ 270, Hershey (NYSE:HSY) now trades around $194. All thanks to inflation, fear ...