This chocolate stock is beginning to turn around after steep two-month slide. How to capitalize on it
CNBC Top News ·
Hershey (HSY) has taken a massive 25% hit in just two short months, dropping from its March 1 peak of $239.48. Fortunately, the company's April 30 earnings report provided some much-needed relief, …
Hershey (HSY) has taken a massive 25% hit in just two short months, dropping from its March 1 peak of $239.48. Fortunately, the company's April 30 earnings report provided some much-needed relief, showing a solid jump in first-quarter sales and revenue. The stock is finally starting to claw its way back, creating an ideal scenario for a mean reversion play. However, a steep sell-off does not automatically guarantee a rebound. …
Original source: CNBC Top News