Should Investors Get Sweet on Hershey Stock?
Hershey(HSY) The Motley Fool·2024-09-07 17:15
The stock may be a buy for a specific group of investors.Owning shares in The Hershey Company (HSY 0.86%) has been a bitter taste in recent months. Rising cocoa prices and less appetite for chocolate left the stock rangebound, and the stock's price is down slightly from year-ago levels.Nonetheless, consumption patterns can go in cycles, and the stock's P/E ratio is near multiyear lows. Does that mean investors should look at Hershey as a buying opportunity?The state of Hershey todayProducts such as the Hers ...