The Hershey Company (HSY) Has Become a Top Defensive Play
From Insider Monkey - Free Hedge Fund and Insider Trading Data
December 31, 2013 - 6:06pm
The Hershey Company (NYSE:HSY)’s impressively low beta is a product of its blend of consumer staple products, which perform well in a down economy, and premium products, which perform better in a bolstering economy. The snack food company’s beta is around 0.5 on a 25-year, 10-year and 5-year basis, but we are encouraged by the [...]
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