We got back on that sweet, sweet chocolate train in my Roth IRA this week as I added to my
$HSY position
$HSY was one of my Birthday Buys this year and I am excited that it is staying at the top of my Scorecard and I get to add again.
This is the second time I have added to this position this year and am now half way to my target weighting!
$HSY was a 4.5/6 on my Scorecard - dividend yield is below my portfolio average and P/E is slightly high at just under 32.
I will continue to add to it until I reach my target weighting as long as it remains the highest rated holding.
Anecdotally, it seems that in the innumerable red days recently in the market, more often than not,
$HSY is closing with small gains.
I did a longer
write up on
$HSY a few months back, if you want to check it out for more info on the company.
Probably will be my last buy for a while, as my ability to only buy full shares put a dent in the 2% cash position in my portfolio and my contributions have slowed in the current environment.
I'd love to see your thoughts or questions on Hershey in the comments below!