3 Reasons to Buy Hershey Stock Like There's No Tomorrow

Hershey (NYSE: HSY) is in the headlines because Mondelez (NASDAQ: MDLZ) is rumored to have made (another) offer to buy the company. Hershey stock rose sharply on that news, but don't get your hopes up. Still, there are a few good reasons to buy the stock anyway. Here's what you need to know.It isn't shocking that Mondelez's name would come up with regard to acquiring Hershey. In fact, Mondelez has made an offer before, back in 2016. The problem here is that The Hershey Foundation, a not-for-profit organization, controls virtually all of the voting power at Hershey thanks to the super voting B shares it owns. Basically, unless a potential suitor can convince The Hershey Trust to consent to an acquisition there's not likely to be a deal. And even then it might not happen because the marriage would bring together two of the world's largest confection makers.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool