Actionable news
0
All posts from Actionable news
Actionable news in HSY: THE HERSHEY COMPANY,

Have S'More Hershey Company?

Summary

Truthfully I had not looked at the stock in over two years before covering it a few months ago.

The stock was moving sideways for years until Mondelez offered to buy the company.

Following the rejection we now have to analyze the stock and the company on its own merits.

Q2 earnings are our and I discuss the implications.

It is an amazing dessert by the campfire, consisting of graham crackers, toasted marshmallows and a chocolate bar. I'm talking of course about a S'more. So good. And our chocolate bar of choice always comes from the Hershey Company (NYSE:HSY). Truthfully I had not looked at the stock in over two years before covering it a few months ago. To my surprise, the stock was essentially flat since the last time I looked at it. However, the stock got a jolt when Mondelez (NASDAQ:MDLZ) bid to buy the company for $23 billion. As we know, this is a premier candy and snack brand. It's a global name. We don't need to dig into the brands. You should be familiar with it them now. In a world where healthy eating is more popular than ever, it creates problems for a name like this, but the company adapts. It markets effectively. This is a global public food company. It isn't going anywhere. It will be around...


More