History Suggests This S&P 500 Dividend Grower Is a Magnificent Bedrock Stock to Buy and Hold Forever
Discounts on businesses with a leadership position in a recession-proof industry do not come around very often. However, this is precisely the case with The Hershey Company (NYSE: HSY). The iconic American company famous for its Hershey's, Reese's, Kisses, Cadbury, and Twizzlers brands (along with about 95 more) has seen its stock drop around 23% since April.
But if one steps back and looks at the bigger picture, Hershey has three powerful business attributes proven to give stocks market-beating potential over the long term:
Led by these potentially outperforming indicators -- and a recently discounted valuation -- here's why Hershey looks like an incredible foundational stock for your portfolio today.
Source Fool.com
Hershey Co. Stock
€178.86
0.280%
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 225 € there is a positive potential of 25.8% for Hershey Co. compared to the current price of 178.86 €.
