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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Falling Knives
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Author: bankersfate ⎊  😊 😞
Number: of 1198 
Subject: Re: FKA: HSY
Date: 02/05/25 12:06 PM
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Hi Jim,

Thanks for the thoughts here and elsewhere (everywhere). Don't you often say most companies will eventually trade for 12 or 15 times earnings? Why would Hershey be any different in your view? It probably can't be disrupted and if it ever dies it would probably be a longer process than many companies so maybe it should get a slight premium. What do you think the earnings growth will be over 3-5 years. Is that how you view it or are you thinking revert to past mean P/E with a cocoa cost decline kicker?
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This community has written 1,188 posts about Falling Knives. The article-length ones it recommended most:
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