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MarketBeat
Business
Peter Frank

Hershey Stock May Be Near a Sweet Spot as Cocoa Pressure Eases

Hershey United States

After a sweet run-up in its stock back in February, Hershey (NYSE: HSY) is now trading 3.8% below its year-start price.

But while the share price is lingering, the company’s picture has changed. Having overcome soaring cocoa costs with remarkable pricing power, easing commodity pressures, and the proven strength of its brands, the company is positioning itself for a potential margin recovery.

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