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Stock impact report

Hershey Will Outlive COVID-19 [Seeking Alpha]

The Hershey Company (HSY) 
Last the hershey company earnings: 4/23 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
|ConsumerHershey Will Outlive COVID-19Apr. 7, 2020 12:28 PM ETAbout:The Hershey Company (HSY)by: M. Wayne ToepkeValue, long-term horizonDoctor of ValueSummaryDemand for Hershey products should be strong regardless of economic conditions.Hershey has a healthy balance sheet and should be able to withstand the COVID-19 related slowdown.Shares appear fairly valued at present but represent a good value proposition if they retest their recent low of $110 per share.The financial fallout from COVID-19 continues to build, as layoffs mount and many businesses face liquidity issues. The ensuing market turmoil has presented buying opportunities in a few high quality names. Hershey (Built to LastHershey has survived pandemics, wars, and the Great Depression in its 126 year history. Consumers have continued to buy candy and chocolate in difficult times, as these treats represent an affordable indulgence. If money becomes tight, Hershey and other consumer packaged goods companies can always resort Show less Read more
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