Hi Everyone! Happy LOVE day! In honor of Valentines Day I have decided to share content from a newsletter I sent out last year about publicly traded companies that get a whole lot of attention (and probably consumer dollars) on days like these.
Please note I don’t currently own shares in any of the companies listed below. Also, these are not recommendations. This is simply a fun post that I thought you guys might enjoy. I try to take advantage of every opportunity to provide some investing education.
Without further ‘ado, lets get right to it!
Victoria Secret: I figured we start with the obvious. This company is owned by L Brands (NYSE: LB) a corporation that also owns Bath & Body works, Henri Bendel, and La Senza. L Brands became a public company in 1982.
Hershey: Who doesn’t think of chocolate when Valentines day comes around?! (or any day for that matter!). Hershey also trades in the NYSE under the ticker symbol HSY. Besides the popular Hershey kisses that we all know in love, this company also owns Twizzlers, Jolly Rancher, Kit Kat Bars, Lancaster, Reese’s Pieces and the list goes on. For a full list, click here. It became a public company in 1978. By the way – I am currently reading a book about the Hershey company and its rivalry of many years with Mars.
Match Group, Inc: Single on valentines day? You can either spend the day pampering and loving yourself (and enjoying every second of it!) or you can find a new boyfriend through Match(dot)com. Believe it or not Match became a public company in 2015 and it trades in the NASDAQ under ticker symbol MTCH. Popular dating sites under the Match name include OkCupid, Plenty of Fish, and the controversial Tinder!
Tiffany & Co.: How can we forget about diamonds on this special day? I actually used to work right across the street from their Wall Street location. The company trades under ticker symbol TIF and became public in 1987. Their flagship store is located in 5th avenue very close to the trump towers. They’ve actually blamed sporadic weakness in sales and traffic to that location during the past couple of years on that situation.
Church & Dwight, Co: You’re probably thinking who are these people?! Well, they trade in the NYSE under ticker symbol CHD. They are also the parent company of Arm & Hammer Baking soda and OXI Clean – which are very popular well-known brands that have nothing to do with valentine’s day (I know). But, wait on it! CHD is also the parent company of Trojan Condoms and First Response pregnancy test. I actually just found that out last year! The company has been around since the 1800s!
And that is all for today ladies & gents! Hope you enjoyed reading this post as much as I loved writing it.
Cheers to an amazing week and tons of love and light for everyone.
CIO & Founder, Girl$ on The Money
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