3 Stocks Feeling the Weight of the Ozempic Effect

06:20am, Thursday, 14'th Dec 2023
The new class of weight loss drugs such as Ozempic and Zepbound are having a profound impact not only on the pharmaceutical and healthcare industries but also on areas of the economy ranging from gyms
Consumer staples have been a defensive sector, especially during market downturns. Historically, they have outperformed the market during bear markets.
Yahoo Finance selected pharmaceutical firm Novo Nordisk (NVO) as it's 2023 Company of the Year. Developer of obesity medications Wegovy and Ozempic, Novo Nordisk stock has gained over 40% year-to-date
Hershey's strategy changed -- for the better -- when its current CEO took over in 2017. Moving beyond candy has provided the company with some of its best growth in years.
The Hershey Company is a strong candidate for investment as it is growing its top and bottom line, buying back shares, and providing dividend growth to shareholders. Hershey's brand awareness is high,
Hershey (HSY) closed the most recent trading day at $185.74, moving -1.76% from the previous trading session.
At the start of 2023 and following a tough year, Christopher Tsai, president and chief investment officer of Tsai Capital, didn't think technology would generate a 50% return for his $110 million port
The Hershey Company is the largest confectionary manufacturer in the U.S. with over 100 brand names sold across 80 different countries. The company has successfully built strong brands with lasting pr
Hershey (HSY) continues to invest in its brands and capabilities to drive growth. Management is undertaking strategic pricing initiatives to improve its performance.
At first blush, focusing on low-volatility stocks may appear an overly pessimistic strategy. After all, the benchmark S&P 500 gained almost 8% in the trailing month.
Hershey is one of the largest confection makers in the United States. The company has growth opportunities in foreign markets and via salty snacks.
Consumer staples companies have a long history of being reliable dividend payers. Some have been hit hard by Wall Street concerns and weakening performance.
Dividend investing is struggling in the current macroeconomic environment due to high interest rates. The yield on T-Bonds disincentivizes investors from buying dividend companies, leading to a drop i
As we head towards the year's end, several market uncertainties exist. Stalling disinflation, rising bond yields, war escalation and dysfunction in Washington are all looming challenges.
That's the message from many corporate executives who have lately been peppered with questions about how Wegovy, Ozempic and other drugs widely used for weight loss may impact their bottom line.
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