1 Magnificent S&P 500 Dividend Stock That Could Create Lasting Generational Wealth for Your Kid
Home to the ninth-lowest beta in the S 500 index, snacking juggernaut The Hershey Company (NYSE: HSY) dispels the notion that "safe" stocks can't generate life-changing returns. While its 0.34 beta -- which measures the company's share price movements compared to the broader market -- signifies extremely stable operations, Hershey has tripled the total returns of the S 500 since 2000.
However, a rare amalgamation of challenges over the last year has sent Hershey's shares down 30% from their 52-week highs.
Despite these difficulties, the company's kid-friendly operations and simple business model make it a great starter stock to learn from, which is why I have happily been buying Hershey's shares for my daughter's portfolio over the last few months.
Source Fool.com
Hershey Co. Stock
With 9 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 232 € there is a positive potential of 27.75% for Hershey Co. compared to the current price of 181.6 €.
