“Creating a Forever Portfolio: 5 Stocks to Buy and Never Sell”
$HSYBullish
HSY is undervalued at $179 vs fair value $244; strong moat supports long-term ownership interest.
Last but not least, Hershey's, the world's leading chocolate retailer. This company is sold for $179, and I have calculated a fair value for it of $244.
This is another category where the advantages of large size are difficult to overcome. For reasons similar to those that give Procter & Gamble significant and sustained competitive advantages, Hershey's has very similar competitive advantages.