hershey is the best performer. it's never talked about.'s more holds and fewer buys of hershey they nn oi consumer package goods name. we don't need the absolute level performance. we care about the rate of change in the big numbers in that front, no beat hershey hands down for the longest time the stock was just a dog it was take over target where any yield could be blocked by the trustees who ran the company. it was such an endless under achiever then a new ceo came in she changed all that which took over in 2017 she immediately set out to grow the franchise. that had not been a priority extend the branch. use the cash flow to not only reward shareholders but to acquire other companies with an emphasis on salty snacks things you're all familiar with. skinny pop i felt these were expensive. i knew the companies when they were much cheaper or smaller these were the perfect pick ups as covid hit the nation and turneturn ed all into stay at homers that's been a big positive this company is barely dinged by them that's because hershey has awe

brenda, you're in hershey? >> our focus, names with growth potential.expectations looking to are more fortified, above a lot of names in the group do have pricing power. tends to be an area where the individual price is not very high we think they have growth to go and strategic acquisition into areas like salty snacks outside of candy and seeing continued growth in those areas. defensive name but with growth opportunities as well. >> and to borrow a page from the 5:00 show, would you rather walmart or target here >> oh, absolutely target both having a great day. i own target the stock but only walmart in terms of calls, mel seen a lot of activity there a long time walmart way over valued versus target now it's much closer it's an easier -- not easier a tougher call still go with target. >> josh, where are you on retail trade? pointing out charts troubling you what it might say about the consumer >> look, my attitude about the consumer staples and this idea, oh, worried about the market buy them going down less. i think that's something for active manag

. >>> up next, hershey has been a stealth winner all year long, up 17% in 2022. climbing again today on the back of strong earnings we'll talk to the ceo, michelle buck, about whether inflation will take a bite out of the future results and the economy e you're watching "closing bell" on cnbc. what if you were a global bank who wanted to supercharge your audit system? so you tap ibm to un-silo your data. and start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create i'm 53, but in my mind i'm still 35. that's why i take osteo bi-flex to keep my moving the way i was made to, it nourishes and strengthens my joints for the long term. osteo bi-flex, find our coupons in sunday's paper. >>> big rally day. s&p up 2.8%. check out today's stealth mover, it's ptc inc., a software and services company which

coca-cola, hershey coming up, we'll ask an analyst which stocks in the food group can raise prices and which will feel the pinch of inflation. stay with us hybrid work is here. it's there. it's everywhere. but for someone to be able to work from here, there has to be someone here making sure everything is safe. secure. consistent. so log in from here. or here. assured that someone is here ready to fix anything. anytime. anywhere. even here. that's because nobody... and i mean nobody... makes hybrid work, work better. >>> welcome back we booked our trip yesterday today, we get on the plane from delays from staffing shortages, rising fuel costs, the industry facing a number of headwinds, investors have taken notice with the majority of the stocks well off their one-year highs, but maybe there's a silver lining. just this morning, american raising its revenue outlook in an investor update let's bring in managing director and senior research analyst at bernstein research david, good to have you with us. you like the airlines kind of as a group and i would call them, i would say the big fou

. >> you have names like hershey and kroger are these names people can be comfortable with >> there is some inflationary -- you think about making chocolate with hershey they're going to have inflatio inflationary winds there and the recession word, we still eat a lot of chocolate they've done well year to date and the fact is they have a lower volatility risk compared to the market, quality earnings. this is something i would favor in the sense of a strong dollar. >> i take your point that if we're going to be hiking faster than everybody else and we heard in the interview with sarah last week she did not sound all that hawkish at all so, where is the euro going to go from here 99 cents it's hard to imagine that this move could keep going much further in the direction it's already gone >> well, the macro economics behind it. they're having their own struggle with supply chains, etc. so, international still has problems and in the u.s., we're nowhere near -- we're at the start of the cycle with the fed i think we're raising rates and the pressure is more than international. i see the d

the government is defending it's heavy handed approach, bone, hershey, me being released with hustling, gather the dynamic 0 coverage policy, does not chic 0 infection. the aims to discover and hold infections to prevent a large scale resurgence. awesome, this is a scientific approach. and if we can make good use of it, work at the maximum benefit with the minimum cost. but the costs are mounting. dozens of quarantine centers have been set up to house those who test positive, including the majority who have mild owners, symptoms, videos, circulating online, sho, pool living conditions inside hastily constructed facilities. phyllis do counts herself among the lucky ones. she was able to buy enough food before the lockdown to sustain her and her father that says others were caught off guard. look all garmin . i think in one of the go press conference, she was saying that i shall high air will not look dell because it's so very important city like, domestically anti and internationally. so it will be a huge mass who's you is a community volunteer, and helps with the testing and food distr

john shelling over the past 24 hours. authority say a residential area in the eastern city, hershey eve was hit with rockets, killing one person, and injuring 18 others. now the u. s. government has resuming the sale of leases for oil and gas sterling on federal land. it's also increasing the royalties collected from energy companies by 50 percent. the change follows mounting pressure on president joe biden to reduce energy prices. it's a reversal of an election campaign. pledge not to allow more drilling on government owned lands of heat, regine drawn is head of oil markets research at energy intelligence. he says, resuming oil and gas leases won't do much to bring down prices. it's a function of the growing economic pressures higher oil prices, higher gasoline prices, higher natural gas prices for that matter. you know, and, and the need to do something in an important mid term year. i mean, obviously, all of this has been exacerbated by, by the war and that is, you know, given another leg onto this inflation that was already building before. so, you know, this is kind of a step to tr

and one of the pilots decided to put parachutes on hershey candy bars. the children waited for the plane to come through to receive the candy bars. but of course, with russia having the atomic bomb so much changes and these programs of indoctrinization and the idea of atomic war becomes more and more prevalent and important. with the korean war, of course, this all comes to the fore because the cold war has become hot. going back to this idea of the cold war potentially becoming hot globally, but also feeding into the important theme of the religious cold war, we have the launching of a private initiative and private is in quotes, called the crusade for freedom. and it was known as a private organization, although it was heavily funded by the newly established central intelligence agency. and dwight d. eisenhower, who was then known as the famous general for world war ii and was not yet president, he launched a campaign to raise funds for radio programming, books and other projects to fight the big lie of soviet communism with the big truth brought by am

this is bad english, i know, but i tell hershey's the most beautifulest princess mermaid in the entireorld. yes, it's okay to be a princess, it's okay to be a mermaid and it's okay to be a unicorn. >> wow. did you ever watch "wizard of oz"? >> i don't know why people are so scared of gay folk, don. maybe that's the question. that's what i don't get. i don't know why people are so scared of gay folks in the south. >> it's the magic. people are afraid of the magic. you wouldn't have the magic kingdom without gay people. you wouldn't have the magic of just about everything. but hey, that's a whole other story. did you want to say anything, jason? >> it's amazing to me, it seems like people have forgotten what it was like to be a kid. for me i'm writing these books because i'm writing to that one kid who feels alone, bad, confused. i write this because i love that we are different. it's just amazing that we would want to take this outlet away from our children, because books entertained me as a kid. this may reach that one kid, and it seems so great because you don't know what book will af

the hershey company says look for specially marked packages or reese's cups for a chance to win in aglory. -- peanut butter glory. national lovers day is saturday. if you missed valentine's day, you get another chance at love on the 23rd. >> he didn't know that was a day. but reese's anytime. >> in any form. you can blended up and make a milkshake. -- blend it up and make a milkshake. >> when i.e. my reese's, i'm not thinking about being healthy. i'm just enjoying. >> my healthy comes in waves. >> you are on it. >> i'm trying. thank you. we keep getting all these suites. >> tomorrow i'm getting dunkin' donuts for the special they have -- not dunkin' donuts. krispy kreme. >> the only way to be. i was envisioning the white box, too. >> up next, the seven things you need to know today. (music throughout) >> seven things to know this morning. masks are no longer required on planes and public transit. a federal judge in florida struck down the national mandate saying it was unlawful because it exceeded the statutory authority of the cds be -- cdc. >> uber is no longer requiring drivers or

visa had similar comments as well >> there's an interesting tidbit from hershey as day.e as consumers' buying power is further pressured by inflation and fewer government benefits. that's an economic-speak word, meaning we can raise prices without killing demand, but they issued a warning, that it may be moderating finally, what happened with teladoc. there was a lot of discussion about peak streaming with netflix, maybe there's sort of a peak issue here for online services in general. look at that down here rather dramatically they slashed their guidance. they had a huge write-down as well so they provide primarily mental health care, chronic care. the bottom line is there's an awful lot of competition in this space here there's a broad question -- what's the role of virtual care in a post-pandemic world that's what i think is being deb debated. look at some of these online health services that compete again teladoc. they're in a similar area. they're all getting hit as well, indicating there's a broader concern about these services finally, carl, arkk, cathie wood, she

hershey and spam maker hormel.d loews hotels and get out and trade stocks seem to work and the shining stars so far this year have one thing in common that is energy here is the top performer this year in the three major s&p index. s&p 500 is occidental. up 104 p%. the s&p midcap eqt. we highlighted that company a few times. up 93% the best of the best s&p 600 small cap star rpc inc who? a small cap oil and gas driller and a handful of analysts cover and it jumped 153% this year rpc is in the hotbed of oil and gas atlanta. a lot of stuff we threw at you bottom line this because it is early. number one, conventional wisdom said gas stocks are dead money two? eqt is in pittsburgh and rpc is in hot-lanta you have to look where no one else is looking for the winners. random, but interesting. let's bring in the jon najarian and see what he thinks about this he is the co-founder market.com. john, we know energy is hot. facebook stunk up the joint. what do you think of the stats >> we had interesting activity in that eqt,

and this year was no exception: chocolate brand hershey highlighting the central placement of the worde" in its logo on limited-edition chocolate bars. which is way more tasteful than the ill-advised: "butt-her-finger." ( laughter ) ( applause ) not to be outdone, whatchamacallit will now be going by it's proper name "the clitoris." ( laughter ) ( cheers and applause ) but women's history month hasn't always been about big companies. in fact, the roots of women's history month go back to march 8, 1857, when women from various new york city factories staged a protest over poor working conditions. now, we don't know the names of these heroic protesters, which brings up a sad truth about women's history month: so many historic women who deserve to be celebrated never get their time in the spotlight. that ends tonight. because "the late show" is proud to present jane krakowski, an actual woman in history, with this special message. ♪♪ >> good evening, i'm jane krakowski. it's women's history month and, naturally, we're celebrating accomplished women like amelia earhart, harriet tubman, and

coming up hershey's ceo joins bloomberg tv. this is bloomberg. up-to-date with the news around the world, here is the first word. in germany, lawmakers are urging the government to quickly supply ukraine with heavy weapons and other equipment. emotion and parliament thursday night called for an end to imports of russian oil. olaf scholz has faced criticism to do more to help ukraine. moderna has asked u.n. regulators for a mark -- u.s. regulators for emergency authorization for its covid vaccine for kids under six months to under six years. a successful trial shows that two doses generate antibodies. there is no vaccine approved for those under five. chris paul is the future nba hall of famer and also a businessman and investor looking for smart ideas and advice on business. leadership and growth. he is bringing that search to bloomberg quicktake and his new show "how i got here." this year he visits an entertainment studio to hear about the climb from young comic start to media mogul. he said how he rule up on the and vp and built his multimilli

martin trading at a multiple of 14 .4 with a dividend yield of 2.3 in the middle, the chocolate maker hershey from the consumer staple you don't have to be all in for value. for both, or defensive perhaps you want to adjust those allocations based upon your own risk tolerance or assessment objectives some combination of the threes should prove well for investors over the balance of 2022 >> what about the reopening trade? does it make sense to you that one would keep working? where does that fall or is it in us own category >> i think parts of the reopening trade might fall in the growth category. if you look at the e-commerce names beaten up thus far, a lot of people thought those were historically the stay at home trade. but keep in mind the paradigm has shifted. americans are now shopping more online than ever even after the pandemic so some of those names, those growth oriented names in that area may be worthy of consideration just as much as the technology sector. the revolutionary providers of technology recognizing over the past four rate hike cycles information technology on average ha

hersheys, things like that. we like the chocolate. can't support that company by myself. >> these are things like hersheys and hormel. the drug stocks are at new year ly highs and i say it's the food, drug, beverage, tobacco, household products those are the things, utilities. neil: even with the run-up the drug guys had you think it's going to continue? >> for right now yes, money is plowing into it and now in the last week, costco, walmart, dollar general, dollar tree. these are the people that the businesses that benefit as the economies head south people start going into the deeper discount stuff, so again, and i've been writing about this for a while now, but on the last couple of weeks, completely accentuated one way, this way, and the other thing that way, and to me, with the inverted yield curve, and it's back and forth, but it's just telling me i'm pretty sure we've got either a 0% gdp or a contraction time coming down the pike. why? just in population. neil: we be comparing it to a strong year ago and the inverted yield curv

experience, they're going to come for you pay [laughter] >> joe: if there's a chocolate outbreak in hersheynnsylvania, where is the first place you look? maybe the chocolate factory. [laughter] or with wuhan maybe a look the lab that studies coronavirus. if you shared that story you were censored, suppressed, locked out. if you shed the hunter biden story, kayleigh mcenany the white house press secretary gets locked out. that all goes away now. you can't defend twitter in the terms of the way they conducted themselves to this point, and earnings come out thursday and they are going to be horrible. if this bid wasn't taken, though never see one like it again. there's going to be a revolt of shareholders, losses all over the place. >> emily: that's right. kacie, let's get your thoughts on that specifically. part of the freak out on the left is this supposed flood of disinformation. what does that mean? is it the wuhan lab leak, hunter's laptop? these wild conspiracy theories that turn out to be rooted in fact that somehow, however, were totally suppressed on twitter and that now will actually

near session highs, that's propping up a lot of the other staples names like walmart, coke koe in a, hershey and hormel foods. they've all hit record highs at some point in trading today. watch that consumer staples trade. by the way, later on this afternoon, procter & gamble ceo will be on with the folks over at closing bell for a big, big time interview talking a lot about inflation, talking about the consumer trends and what not. a must-watch interview there and closing bell at the 3 p.m. hour today. we're going to end as kelly mentioned, with the stock in today. it has to be netflix it is down now 35% off the session lows kelly mentioned that it's worth a little less than $100 billion right now. to give you an idea of what it was at the peak, just in the fall of this past year, it was over $300 billion in terms of that size. it was at one point in the history, bigger than disney. that's how far it's fallen netflix the stock of the day one to watch i'll send things over to you >> one of the most incredible market stories of the past couple years that's saying something. dom, thank you>>>

here's another story we want to talk about, in recognition of national lovers day, later this month hershey is offering a chance for reese's chance to win free reese's peanut butter cups for one year or even for the rest of your life. >> my goodness, i think that's something my husband is going to look into. people can look for specially marked packages of reese's cups as part of the reese's love you back promotion. now, the special packages have a qr code that allows you to see if you've won. other prizes include $5,000 in visa reward cards. national lovers day is april 23rd. so, marcus, could you eat peanut butter cups every day for a whole year? >> no, i would have to share it with my family here. but i could eat some white chip macadamia cookies every day. if they did that contest, we can talk. >> where is the qr code for that? >> i don't know if you're going to be finding the peanut butter cups today in the rain. >> i have a lot of chocolate at home because of the easter egg hunt on sunday. we are going to see some great weather starting to clear out after some early-morning showers. t

hershey's just came out x they said that they are doing better because of these high prices and the demandir chocolate. >> americans love their chocolate -- liz: hey, not me. yeah, totally. where's my peanut brittle? >> there you go. liz: they will be eating it tomorrow on stage? >> their own special batch. but, yes, absolutely. >> i interviewed you two years ago, and you had about -- you said that you wanted to have a lot more stores. you went from something like 100 to now how many? >> well, we had at the time the, liz, a little less than 240, we have a little more than 250. we've added about 10 stores each of the last several years, we have another 15 or so we'll probably add this year. we're opening in van vancouver, washington -- liz: but, pat,s you saw what happened with amazon yesterday. amazon said they ramped up too much, their stock is getting killed today because they said too many warehousing during the pandemic that that they built up. do you find you may be in that position with your brick and mortar stores? >> i don't think so. we take a very long time to select our stores.

. >> well, walmart is acting very well, hersheys, still phenomenon al, it's all a matter of risk tolerance and time o horizon, do you hold now and buy dips? i tend to be long term, i'd rather buy dips and think i can, then again i watch charts everyday so some of us that do that, you might be able to pick the lows. charles: right i think the term is grin and bear it for a lot of us, mark great having you in studio. >> appreciate it. charles: folks runaway inflation and all the data making it real life, we're not just talking about hypothetical, real life unbearable for businesses and consumers, and we're asking when will the misery end? i've got lilly gillum valetta and brian brenber g weighing in. meanwhile warren buffett bought geiko in 1951 get ready to learn , grab a pen with the oracle of omaha saw then that's still applicable today. we'll be right back. desert mountain energy, an advanced development company with helium, hydrogen and noble gas assets, is looking to capitalize on the historically high cost of helium, an element critical to healthcare, the high-tech industry and green

we're seeing all time highs in places like coca-cola, hershey, hormel, which is a maker of spam, which out because it means there are serious concerns about the economic spending environment. >> traditional defense has been working. utilities in the face of higher yields, they have been working the food stocks, it really is all about a little bit of top line lift, which is unfamiliar to this group in recent years that's obviously that along with just being economically defensive seems like it's the full story right now arguably, they were an underowned group coming into this year, too, because you couldn't find many people excited about owning them for any real fundamental catalyst. >> hormelup about .2%. highest level going back to the ipo in the '60s or '70s. fintech now, robinhood trying to hold on to gains after announcing it is listing four new crypto currencies on its trading platform, including shiba inu and solana they had allowed trading in seven cryptoes mizuho slashing the price target on coinbase on concerns they may be losing market share due to increasing competition kate

reasons the market isn't paying up for growth, which is why a lot of steady stables are growing hersheysd the stronger dollar, as opposed to mondelez, which is more exposed to emerging markets and europe and is underperforming. >> when we come back, jan hatzius on how rising interest rates will impact another area of the economy, the housing market >> plus, the latest on the twitter saga and the plunge in chinese internet stocks when we take you inside the market zone. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq doris, did i tell you i got our car from carvana? yeah... oh. i found the perfect car in no time. i thought online meant no one to help me but susan from carvana, she had all the answers. it was so easy. [laughs] we'll drive you happy at carvana. - in the last two years, we quadrupled our team and the pace we're growing, i couldn't keep

i'm supposed to say, "hey, kid, would you like a hershey bar?"d i said, "hey, kid, would you like a chocolate bar? and then i went, "oh, damn, i'm sorry, cut." and then silence and then i just hear, from out where the monitors are, "what? [ laughter ] i was like, "i'm sorry i screwed up my line." and then i hear steven spielberg say, "you never yell 'cut'!" [ laughter ] and of course, my hero, my idol, i'm realizing i just did the most embarrassing thing ever so it worked out fine. >> seth: yeah, it worked out i guess it really speaks to the fact that "director first," if you're willing to yell "cut" on the set. >> i couldn't help myself. >> seth: he probably took you aside and he's like, "you should get into directing." >> exactly >> seth: i have so many questions about "severance." we'll be right back with more from ben stiller [ cheers and applause from ben stiller [ cheers and applause ♪ should all underar be th? so, what is wrong with these? whether they're waxed. natural. unique. shaved. sensitive. all underarms deserve the best care. new d

more than a teacher; has teachee has become family and lives with shelley and her husband randy in hershey to barber. back at home, ruth sleczynska r regaled me live with a favorite encore of hers: chopin's waltz in c-sharp minor. are you more in connection with the inside now, when you play, than you've ever been before? >> i certainly can say more because i've experienced more than i do when i was young. a person 60 years old has experienced a lot of living, and a person 20 years old has none. >> reporter: and a person 97 years old -- >> even more. ♪♪ ♪♪ [applause] >> reporter: bravo. >> pauley: grammy nominee jon batiste is a musician whose work and story may think you know well. prepare to be surprised. and inspired. here is jim axelrod. >> reporter: when this year's grammy nominations were announced, jon batiste heard his name 11 times. >> jon batiste. >> jon batiste. >> reporter: the most of any artist this year. ♪♪ >> reporter: eight for his album, "we are," and three for his work on the soundtrack of the movie "soul." they just kept calling your name. >> i was really floored every

we've got walmart at a new high, hershey's, duke, there's a whole pile of various utilities at 52-weekycle behavior here in the defensives is what's leading the market to -- at new highs. meantime, in terms of earnings, stills early but i want to point out wd-40, which is a real old stalwart and a favorite of the old school crowd, like me they had their earnings out. they were pretty good. but again, usual story about the challenging inflationary environment. they have a lot of significant commodity inputs they talk about significant gross margin determination they make a lot of money 55% gross margins, and they drop to 50% that's a lot 500 basis point decline in the gross margins. and they say, look, we're trying to get it back, right to raise prices, but they can't raise prices fast enough david, you're going see this a lot. thi this was -- wd-40 was briefly one of the darlings of the pandemic it shot up briefly in 2020, but it's leading the charge in what you're going to see in some of the guidance for earnings. david, back to you >> such great points, bob. figures into our discussi

sadder than barbara hershey in "beaches." liverpool made it three before halftime.uple still alive. huge credit to the boston red sox owners who built this team. they used the stat stuff from american sports and it's working. other game, chelsea football club in purgatory as they're being sold byrosion abromavich, a war of attrition blown open by chelsea. they showed the right foot has firmer nuclear capacity, and mason mount, one of the great english names, should have lord attached to it, rolled the ball home. like a pba star. pete weber, who do you think you are? chelsea survive and advance to face your liverpool, may 14th. a repeat match of the other domestic cup. liverpool/chelsea 2. electric boogaloo may 14th. by then, chelsea should have new owners. three of the four remaining bidders are americans. we may not be the best players at football in the world, but no one is better at owning the best teams in the world than us, america. >> we can do it now. i want you to look, roger, this is what mika has. she puts me in her room. they're lumi pets. they're very de

i'm going to stick with the hershey's chocolate bar with almonds.as truly a candy for all seasons. rachel: it is multitasking. i love that. what is your easter message this year? for our viewers? >> it is important for people to understand what easter is about. it's not about family or spring renewal or daffodils. it is about the answer to life's most important question. if a person dies will they live again? is this all there is and i slip into nothingness when i die or is there something for me after i die? the resurrection of jesus christ askers -- answers that resoundingly there is life after death. the resurrection wasn't a one off for jesus. it happens for all of jesus's followers. in christ all shall be made alive. the fact that we are going to live forever doesn't erase our problems or laminate the pain of our problems but it adds one word to our problems and that is temporary. the bible says for these momentary afflictions we suffer now are nothing compared to the eternal weight of glory. someone said from the perspective of heaven we will