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.

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Source Fool.com