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Bullish Case: Hershey's consistent product innovation, such as the rescue raccoon Cadbury Bunny campaign, drive brand awareness and can potentially increase sales during key holiday periods.


Bearish Case: Possible price hikes due to cocoa cost surge and recent insider selling could deter investors and weaken consumer spending, pressuring HSY stock.


Potential Outcomes: 75% chance of modest share price growth driven by brand strength and innovation. 25% risk of downturn from cost-pass-through challenges and insider sales.


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April 02, 2024


Hershey Forecast

HSY        Hershey
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with HSY



NOK Forecast + Options Trading Strategies   [NOK]  Nokia (0.9)


NVCR Forecast + Options Trading Strategies   [NVCR]  NovoCure (0.88)


UL Forecast + Options Trading Strategies   [UL]  Unilever (0.87)


DQ Forecast + Options Trading Strategies   [DQ]  Daqo New Energy (0.87)


FMC Forecast + Options Trading Strategies   [FMC]  FMC (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to HSY



GT Forecast + Options Trading Strategies   [GT]  Goodyear Tire & Rubber (-0.0)


SOYB Forecast + Options Trading Strategies   [SOYB]  Teucrium Soybean (0.0)


LOW Forecast + Options Trading Strategies   [LOW]  Lowe's Cos. (-0.0)


SYY Forecast + Options Trading Strategies   [SYY]  Sysco (-0.0)


ABR Forecast + Options Trading Strategies   [ABR]  Arbor Realty (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against HSY



LFMD Forecast + Options Trading Strategies   [LFMD]  LifeMD (-0.84)


X Forecast + Options Trading Strategies   [X]  United States Steel (-0.85)


TAL Forecast + Options Trading Strategies   [TAL]  TAL Education (-0.85)


IMVT Forecast + Options Trading Strategies   [IMVT]  Immunovant (-0.85)


PDD Forecast + Options Trading Strategies   [PDD]  Pinduoduo (-0.88)





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