3 Stocks to Buy for Decades of Passive Income While They're Down
Looking for dividend stocks to hold forever? These consumer giants are trading at rare discounts.
3 Stocks to Buy for Decades of Passive Income While They're Down
Overview
The S&P 500 (SNPINDEX: ^GSPC) has delivered solid gains over the past year, but not every blue chip stock has participated in the rally. Many dividend-paying consumer giants are trading 30% or more below their 52-week highs, setting up smart entry points for income-focused investors.
Three stocks stand out as compelling opportunities right now. You probably interacted with at least one of these companies before breakfast this morning. Maybe you brushed your teeth after a glass of Tropicana orange juice, or grabbed a bag of Doritos for the road, or swung by Walmart for coffee creamer.
Details
These brands are so embedded in our daily lives that it's easy to forget they're publicly traded companies with stock prices that actually move -- and wealth-building dividend policies.
Source
Originally published at www.fool.com.
