Hershey: Defensive Total Returns, With Strong Dividend Setup
HSYHershey(HSY) Seeking Alpha·2024-01-24 17:42
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 ...