The Hershey Company (HSY) continues to remain an attractive investment, showcasing positive developments such as stellar
dividend growth and strong
institutional ownership of 89%. Multiple entities including Janus Henderson Group PLC and Deutsche Bank AG, have significantly increased their holdings, while Cary Street Financial LLC has invested $314,000 in the firm.
New appointments highlight Hershey's commitment to business growth and customer relations. Despite some selling of shares by entities, promising news includes attracting hedge fund interest amidst
takeover rumors and being considered among the best food stocks for investment by billionaires. While the outlook may be technically sour, the chocolate conglomerate is viewed as a discounted sweet treat and also a recession hedge. Hershey's Q1 results exceeded expectations, and some analysts believe it to be the best S&P 500 stock for
dividend growth. Despite being seen as overvalued at current levels by some, many still consider this company a top choice among food stocks for investment.
The Hershey Company HSY News Analytics from Sun, 06 Oct 2024 07:00:00 GMT to Sat, 17 May 2025 09:29:08 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 5
