Thursday, December 2, 2010

Final Post

I chose Hershey as my company to follow this semester because:
1. I love chocolate
2. Milton Hershey's story is quite inspiring
3. I still love chocolate!

I'm really glad this is the company I chose.  There have been many things I have learned about them through this process.  With a classmate focusing on the rival Mars company, it made it even more interesting! 

The most interesting thing I learned about Hershey was the scandal involving the purchase of the golf course.  The inflated purchase seems to go directly against Mr. Hershey's wishes. 

Would I work for Hershey?  I probably would.  They are a solid company that seems to take good care of their employees.

Hershey's suing over wrappers

http://www.boston.com/business/articles/2010/11/27/hershey_suing_mars_over_candy_wrappers/

Final Stock Price Update

11/15:  $47.00
11/16:  $46.40
11/17:  $46.24
11/18:  $46.55
11/19:  $46.52

11/22:  $46.62
11/23:  $46.70
11/24:  $47.13
11/26:  $47.22

11/29:  $46.69
11/30:  $46.80
12/1:    $47.23


$1,000 invested 9/1/10 @ $47.79=20.92488 shares

20.92488 shares @ 12/1/10 = $988.28

So $1,000 invested on September 1st would be worth $988.28 on December 1st.

Although I would have lost $11.72 on my investment in the last 3 months, I would still invest in Hershey.  They have some areas to work on and competition in the industry is becoming tighter..... but they are still the leader and will likely always have a significant presence in the market.  They are still the first thing that comes to most American's minds when you say the words "milk chocolate"!