Chocolate for the depot
Today was again savings plan day and with Hershey $HSY (+0,38%) a new share was added to the portfolio. First savings plan execution with a higher amount to open a first position.
Reasons:
- Consumer staples and chocolate always goes
- Hershey is continuously increasing revenues and thus profits (not common for consumer staples companies)
- At the same time, very shareholder-friendly corporate governance (share buybacks and a nicely rising dividend)
- Nice long-term share price performance (from bottom left to top right).
- While Hershey is the leading chocolate maker in the U.S., there is definitely catch-up opportunity in export countries
- The Lindt share $LISN (+0,47%) would of course be my favorite in this area, but both the high price and the (minor) problems with Swiss stocks have brought me to Hershey's
Fun Fact: Hershey chocolate is an integral part of the American military's field rations.
What is your favorite when it comes to chocolate. Both in the depot and in the shopping cart?
Mondelez
$MDLZ (+0,19%) With Milka, Hershey's
$HSY (+0,38%) or the classic: Lindt
$LISN (+0,47%)
Or something completely different?
For me: Hershey's at the depot, Lindt 85% in the shopping cart 😍
