5 Best Confectionery, Cookie and Snack Stocks to Buy

4. The Hershey Company (NYSE:HSY)

Number of Hedge Fund Holders: 37

The Hershey Company (NYSE:HSY) manufactures and sells confectionery products and pantry items. Its products include chocolates, mints, spreads, snack bites, popcorn, and more.

On April 28, BofA analysts reiterated a Buy rating on The Hershey Company (NYSE:HSY) shares.

Analysts see The Hershey Company (NYSE:HSY) as a Moderate Buy since the stock has five Buy ratings and nine Hold ratings. In the fiscal first quarter of 2023, the company generated revenues of $2.99 billion, representing a growth of 12.05% year-over-year.

There were 37 hedge funds long The Hershey Company (NYSE:HSY) in the fourth quarter, with a total stake value of $1.3 billion.

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