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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Falling Knives
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Author: bankersfate   😊 😞
Number: of 1166 
Subject: Re: FKA: HSY
Date: 02/05/25 12:06 PM
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Hi Jim,

Thanks for the thoughts here and elsewhere (everywhere). Don't you often say most companies will eventually trade for 12 or 15 times earnings? Why would Hershey be any different in your view? It probably can't be disrupted and if it ever dies it would probably be a longer process than many companies so maybe it should get a slight premium. What do you think the earnings growth will be over 3-5 years. Is that how you view it or are you thinking revert to past mean P/E with a cocoa cost decline kicker?
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