The Hersey company - Investing in chocolate
The Hershey Company $HSY+0.5%, known for producing popular confectionery products, has faced challenges recently due to a sharp rise in cocoa prices, which has led to a decline in profitability and a declining growth outlook. Cocoa prices have nearly tripled since 2022, which has significantly increased the cost of producing the...
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The company looks interesting. I like chocolate, so I'll buy that from them, but I don't know about the stock.