What's going on! HSY

I will still invest in The Hershey Company. For one, this stock is still doing quite well as it did in previous months and years. When reviewing Hershey's stock information, I saw that the company's values never decreased, rather it continue raise thereby giving me ever more a reason to continue investing in this stock. In addition, compared to when we first invested some shares in The Hershey Company, the 52-week low and high have both increase. During our first few investments, the stock had previously hit a 52-week low of $33.70 and 52-week high of $43.58, now however, this stock has changed for the better. Yes, the 52-week low has stay the same, but this is actually beneficial because it shows that the company is not failing, instead it continues to prosper. The 52-week high is now $48.70. Hence this shows that the value of the stock is increasing due to the good conditions of which Hershey is now and has been. According to Bloomberg Business Week, "A pair of analysts raised their ratings and price targets for Hershey Co. on Friday after the candy maker's first-quarter profit almost doubled and the company increased its 2010 adjusted earnings and sales forecasts. On Thursday the maker of Hershey's Kisses and Reese's peanut butter cups reported earnings and sales results that topped Wall Street's expectations." This also shows reasoning behind the sudden increase of Hershey's stock. More evidence of the increase in Hershey's stock is shown when Bloomberg Business Week states, "Hershey Co.'s first-quarter profit of $147.4 million, or 64 cents per share, was almost double that of a year ago when it recorded earnings of $75.9 million, or 33 cents per share." He goes on in saying, "Revenue grew 14 percent to $1.41 billion, handily topping Wall Street's $1.29 billion." Because the stock has continually prospered, I am more than confident in purchasing more shares in The Hershey Company. Nevertheless we should keep up to date with our investments to keep track of how our money earnings are doing. Also, in cases similar to this one, with the continues increase of the stock's shares, keeping up to date will help you decide if you should purchase more in the hopes of making more.


Britney Mercer