The Latest Breaking News from Hershey

Hershey has underperformed the broader market this year, and Wall Street analysts are moderately optimistic about the stock’s prospects.

Hershey has lagged the consumer staples sector over the past three months, and analysts remain cautious about the stock’s prospects.

Inflation has surged to record levels. And in a high inflationary environment, consumer defensive stocks do well due to the almost inelastic demand for their products. So, since inflation is expected to remain elevated due to high energy prices and supply chain issues, we think it could be wise to…

Many experts believe that the Federal Reserve’s aggressive monetary policy to control surging inflation could push the economy into a recession. Since consumer staples companies weather recessionary pressure well because of inelastic demand for their products, we think it could be wise to bet on the stocks of fundamentally sound…

PITTSBURGH — Every now and again, somewhere in the distant foothills of that purple mountain majesty of basketball stats formed by The Big Dipper, a flash of lightning sparks a small fire that refocuses our fractious attention on the athletic miracle that was Wilton Norman Chamberlain.

Phantoms 6, Bears 3

The Fed’s decision to raise interest rates, a disappointing employment report, rising inflation, and persistent supply chain disruptions will likely continue spooking investors. So, in this environment, we think consumer defensive stocks Coca-Cola (KO), Colgate (CL), General Mills (GIS), and Hershey (HSY), which typically perform with aplomb during periods of…