1 Magnificent S&P 500 Dividend Stock That Could Create Lasting Generational Wealth for Your Kid
HSYHershey(HSY) The Motley Fool·2024-04-01 17:07

Home to the ninth-lowest beta in the S&P 500 index, snacking juggernaut The Hershey Company (HSY 0.41%) dispels the notion that "safe" stocks can't generate life-changing returns. While its 0.34 beta -- which measures the company's share price movements compared to the broader market -- signifies extremely stable operations, Hershey has tripled the total returns of the S&P 500 since 2000. However, a rare amalgamation of challenges over the last year has sent Hershey's shares down 30% from their 52-week high ...