How would you like to participate in this research? The participants were ‘forced’ to eat chocolate on a regular basis, both white and dark chocolate. According to a recent study by scientists at the University of Reading in the United Kingdom, dark chocolate improved visual function and cognitive performance. Unfortunately for white chocolate eaters, the white chocolate didn’t have much effect. The dark chocolate benefits are due to what are called cocoa flavanols.
According to WallStreetNewsNetwork.com, there are several chocolate stocks that may be worth taking a bite out of. Here are a few that sound tasty.
Rocky Mountain Chocolate Factory Inc. (RMCF) is a low cap stock based in Durango, Colorado, which makes and sells caramels, creams, mints, and truffles. The company, which was founded in 1981, has over 300 franchise locations in 40 states, along with Canada and the United Arab Emirates. The stock trades at 12 times forward earnings, and the company pays a delicious yield of 4.4%.
Hershey (HSY) was founded in 1894. It is the largest manufacturer of chocolate in North America and one of the largest chocolate and candy companies in the world. Hershey’s Kisses were invented in 1901 and their chocolate chips were brought out in 1928. The stock has forward price to earnings ratio of 17.9, with a scrumptious yield of 2.5%.
The famous Nestle (NSRGY.PK) company sports a forward P/E of 14.8 and yields 3.3%. This Swiss chocolate manufacturer has been around since 1867.
If you want to see a list of all the publicly traded chocolate and candy stocks, go to WallStreetNewsNetwork.com. The list, which includes five companies that pay dividends, can be downloaded, updated, and sorted.