3 Magnificent S&P 500 Dividend Stocks Down 15% to 65% to Buy and Hold Forever
When a great company runs into a short-term problem or just mere skepticism, it can make for an excellent opportunity for the long-term investor. And if such a company pays a rising dividend that can grow over time, that's a big future passive income opportunity.Currently, skepticism abounds for the following three S&P 500 dividend stocks. But scooping up shares today could pay big dividends -- pun intended -- over the long run.The "Magnificent Seven" stocks are generally some of the strongest, most resilient, and innovative companies around, and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is by far the cheapest of the bunch. Shares trade at just around 20 times earnings, not only a discount to peers but even the overall market.Continue reading
When a great company runs into a short-term problem or just mere skepticism, it can make for an excellent opportunity for the long-term investor. And if such a company pays a rising dividend that can grow over time, that's a big future passive income opportunity.
Currently, skepticism abounds for the following three S&P 500 dividend stocks. But scooping up shares today could pay big dividends -- pun intended -- over the long run.
The "Magnificent Seven" stocks are generally some of the strongest, most resilient, and innovative companies around, and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is by far the cheapest of the bunch. Shares trade at just around 20 times earnings, not only a discount to peers but even the overall market.
