If I Could Only Buy and Hold a Single Stock, This Would Be It
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I initially bought Hershey (NYSE: HSY) in late 2023 and over roughly a year built it up to what I consider a full position. The story behind the stock hasn't changed at all since I bought it, and if I didn't already have a full position, it would still be on my top-buy list. Here's why I have such a taste for Hershey today.If you are going to buy and hold Hershey stock, you have to get on board with one important fact: The food company's main business is confections.From its namesake brand to Reese's peanut butter cups, this company is all about snacking. Even its efforts to diversify into pretzels and popcorn are squarely focused on snacks, though of the salty variety. Given the health issues that are top of mind right now for many people, on both the medical and political fronts, this could be seen as a negative.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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