No. of Recommendations: 3
I'll share a taste of the article, " Hershey is rarely this cheap. The stock, at $193.71, trades at 20.2 times 12-month earnings expectations of $9.58 a share, well below its five-year average of 23.6 times. The only time it has been cheaper during the past 20 years has been during market dislocations, such as in 2009, 2018, and 2020. What’s more, Hershey’s high quality and predictability of earnings typically means that it trades at a premium to the S&P 500 and to other staples. Now it trades at a discount to both."