Jim Cramer Discusses These 11 Stocks & President Trump

7. The Hershey Company (NYSE:HSY)

Number of Hedge Fund Holders In Q3 2024: 33

The Hershey Company (NYSE:HSY) is a well-known American chocolate company. The stock is down by 22% over the past year as the firm has struggled with high input costs cutting through its demand by requiring it to raise prices in an environment where consumers are already struggling with inflation. Part of the reasons behind The Hershey Company (NYSE:HSY)’s woes are high cocoa prices. Cramer commented on the cocoa prices and shared:

“In the end, you’ve got a problem with this. And the problem is, the cocoa. But if cocoa goes down this is where you add thirty five points. I mean, I think that cocoa is unsustainable at the ten thousand level. Historically been about the two thousand level. And I just think it’s just a matter of time it comes down.”