4 Consumer Stock Stories Ready for a Weekend Investment Shopping Spree
The Hershey Co. (NYSE:HSY): Closing price $91.75
On Friday, Hershey announced that it will build a $250-million confectionary facility in Malaysia, reinforcing its presence in Asia to address increasing demand for its products. The plant to be located in the southern state of Johor represents its single-largest investment in Asia since the company entered the region some 18 years ago. Hershey anticipates that the plant will be finished early in 2015. The company already has nine other such facilities in the United States and in Canada, Mexico, India, Brazil, and China.