by winston » Wed Dec 05, 2018 8:54 am
not vested
Defensive Stocks to Buy for 2019: Hershey (HSY)
Dividend Yield: 2.6%
Food-related companies have incurred a mix year in 2018. Technically, famous chocolatier and candy-maker Hershey (NYSE:HSY) belongs in this category. What separates HSY stock from its competitors is its momentum over the past several months.
During the first half of the year, the company found it difficult to attract willing buyers. A rare earnings miss for its fourth-quarter 2017 report hurt share prices early on.
But a string of solid performances brought HSY stock much-needed traction. Since the close of July 2, Hershey shares are up over 18%.
While I don’t view HSY stock as a growth monster, its consideration at this juncture is more than warranted. Primarily, the company features a consistently profitable business.
Over the years, Hershey has largely enjoyed double-digit operating and net margins. Plus, it offers a fairly-decent 2.6% dividend yield.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"