1 Magnificent S&P 500 Dividend Stock Down 49% to Buy and Hold Forever
Is this massive stock plunge a buying opportunity? A household-name retail giant's dividend history and profit margins tell a compelling story.
The stock market was starting to look overpriced for a while, and then the Great Correction of 2025 came along.
On the morning of April 9, the S&P 500 (SNPINDEX: ^GSPC) market index has dropped 18.5% below February's all-time high. The popular index's average price-to-earnings ratio (P/E) fell back from a lofty 30.0 to a more reasonable 24.7. It's getting easier to find tempting buys in this cooler market.
I'm particularly interested in big-box retailer Target (NYSE: TGT) right now. Let me explain why the Minnesotan store chain looks so good in April 2025.
