Chocolate, as you may or may not be aware, may prevent heart attacks and strokes, reduce wrinkles, keep you slim, and reducing the risk of heart failure in women.
According to WallStreetNewsNetwork.com, there are more than a dozen chocolate and candy stocks to choose from, many of which pay dividends.
My favorite is Rocky Mountain Chocolate Factory (RMCF), based in Durango, Colorado, which produces and sells mints, chocolate creams, and truffles. The company was founded in 1981, and has more than 300 franchise locations throughout the US, Canada and the United Arab Emirates. The stock trades at 19 times trailing earnings and offers a tasty yield of 3.4%.
Hershey (HSY) is probably one of the most famous names in the business of chocolate and candy, and has been around since 1894. It's the largest maker of chocolate in North America and one of the largest candy companies in the world. Did you know that Hershey's Kisses were invented in 1901? Did you know that chocolate chips were invented in 1928? The stock has trailing price to earnings ratio of 25, and a forward PE of 21. The dividend is 2.4%.
Another major chocolate producer is Nestle (NSRGY), which sports a trailing PE of 22 and a forward P/E of 18. This Swiss chocolate manufacturer began in 1867.
For a free list of the publicly traded chocolate and candy stocks that was recently updated, go to WallStreetNewsNetwork.com. The list can be downloaded, updated, and sorted. Maybe if you take a bite out one of these stocks, it will help to fill your portfolio with delicious profits.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
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