i am trying to do a persuasive essay on why someone would invest in hersheys in the stock market and i cant come up with any reasons why. can SOMEONE please help me?!?!?!?
2007-03-08 15:45:16 · 3 answers · asked by blackishwhite 1 in Business & Finance ➔ Investing
Because... Hershey is a work horse. I would bet my house and my truck, that hershey will still be selling chocolate bars 20 years from now.
Hershey is a simple drawn out company that will ALWAYS be around. You can trust them
2007-03-08 16:15:25 · answer #1 · answered by dkwr14 3 · 0⤊ 0⤋
To make money.
Hershey is in the process of closing a plant, dumping about 1500 workers and moving to Mexico where the labor costs will drop like a rock. And I'll bet the price for a candy bar will not go down. They will experience increased profits and financial growth.
In actuality it is probably too late to ride the top of the wave but I'm in and I wouldn't be if I didn't think there was money to be made.
2007-03-08 23:53:53 · answer #2 · answered by gimpalomg 7 · 0⤊ 0⤋
They have a very recognizable brand, great name recognition. They have been around a long time and so are (presumably) very stable financially.
And, they are darn tasty! =o)~
2007-03-08 23:53:19 · answer #3 · answered by Jason W 3 · 0⤊ 0⤋