Is Hershey a Millionaire-Maker Stock?

The Hershey Company (NYSE: HSY) is an iconic stock thanks in no small part to the tasty confectionary treats it produces. But there's so much more to know about this consumer staples giant, including that its dividend yield is historically high at 3.2% today. That suggests that the stock is on sale, something that doesn't happen very often.Can buying Hershey today help you build a million-dollar portfolio? Let's find out.Hershey's dividend yield is so high today because the stock has lost around a third of its value since hitting all-time highs in 2023. But even after that drop, a $10,000 investment made at the start of 1980 would be worth around $1.6 million dollars today. Without question, Hershey is a millionaire maker. But that's the past. The real question is, can it do it again if you buy the stock today?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool