In the last two decades, shares of Hershey Foods (HSY) have outpaced the broader markets, rising close to 657% after adjusting for dividends. In this same time period, the S&P 500 Index ($SPX) has returned less than 550%. But while the S&P 500 is still trading near all-time highs, Hershey stock is down 30% from record levels, valuing the company at $39 billion by market cap. Let’s see if the ongoing pullback provides investors an opportunity to buy the dip and benefit from outsized gains going forward. How Did Hershey Perform in Q4 of 2023?Hershey is among the most recognizable brands globally…