Hershey Stock: Ready To Do Things Right (NYSE:HSY)

It’s been over a year since I last wrote anything about Hershey Company (NYSE:HSY). At the time, I found it to be somewhat overpriced and facing several latent issues. Since then, the performance gap compared to the index has been striking, although it was something that could be anticipated. In fact, the target price I had set in the article was around $180, a price range where it has been fluctuating for a year. The company’s problems have surfaced, and now it finds itself in a desert-like journey. The question is, is Hershey a good buy right now?