Hershey (HSY) reported earnings last week, and while the market seemed to like their 15% dividend raise and increased share buybacks - the rest of what they announced was concerning to me. So much so, I’m going to sell my position. In this video we go through what Hershey reported, why I had originally picked it as a top stock for 2024, and why my outlook has changed.
00:00 My opinion on Hershey has changed
01:20 Hershey earnings recap
06:30 Why did I have it as a top pick for 2024?
10:49 How has my outlook changed?
