HersheyNYSE: HSY

Hershey's strong brand equity and pricing power make it a compelling value investment, especially for dividend-focused investors seeking stability in bear markets. Despite attractive valuation metrics, Hershey faces challenges like stagnant earnings growth, shifting consumer preferences, and soaring cocoa prices. To mitigate risks, consider a diversified approach, including potential hedging with GLP-1 drugmakers like Novo Nordisk and Eli Lilly.

Evercore has cautioned that several packaged food companies are experiencing a decline in their market share.

Following a recent drop in the market, two top dividend stocks have caught attention. Their solid fundamentals and ability to bounce back present a great opportunity for buying after earnings reports. These stocks not only offer good yields but also have the potential for long-term growth, making them attractive for investors seeking value after the decline.

These high-quality companies are currently providing dividend yields of 3% or more.

HERSHEY, Pa., Nov. 8, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) has announced that it has purchased Sour Strips, a rapidly expanding sour candy brand known for its strong social media following.

Hershey Co. (HSY) announced on Thursday that its third-quarter results were below expectations due to rising cocoa prices and decreased consumer spending. The company also revised its forecasts for sales and earnings for the year.

The Hershey Company's results for the third quarter show a decrease in net sales and profits due to a tough market for consumers and rising cocoa prices.

Hershey Company's stock dropped to a three-year low after the chocolate producer lowered its annual forecast, citing high cocoa prices and a tough market for consumers. In the third quarter of 2024, the company's net sales were just under $3 billion, which is a 1.4% decrease compared to last year and fell short of Wall Street's expected $3.07 billion.

HERSHEY, Pa., Nov. 7, 2024 /PRNewswire/ -- The Hershey Company's Board of Directors (NYSE: HSY) has declared quarterly dividends of $1.370 for Common Stock and $1.245 for Class B Common Stock.