Valued at a market cap of $41 billion, The Hershey Company (HSY) engages in the manufacturing and selling of confectionery products and pantry items. Based in Hershey, Pennsylvania, the company manufactures pantry items like baking ingredients, toppings and beverages, gum and mint refreshment products, snack bites and mixes, as well as spreads.
Companies valued at $10 billion or more are generally described as “large-cap” stocks, and Hershey fits this criterion perfectly. Hershey distinguishes itself as one of the largest chocolate manufacturers in the world and exports its products to approximately 80 countries worldwide. It owns various famous brands, including Hershey's, Reese's, Kit Kat, Jolly Rancher, and Ice Breakers.
