3 Magnificent S&P 500 Dividend Stocks Down 36% to 64% to Buy and Hold Forever
The majority of the market isn't seeing the bigger picture for these stocks and their underlying companies. Big mistake.
Like bargains? Need income? You can find undervalued income-producing stocks. Plenty of them are even familiar names found within the S&P 500 index. Here's a closer look at three such stocks that might be at home in your portfolio.
There's no denying the automobile industry is undergoing multiple sea changes that don't favor Detroit's iconic names, like Ford Motor Company (NYSE: F). Not only are cars lasting longer, for example, but automobile ownership is on the decline. Fewer younger people are getting driver's licenses, opting for Uber or Lyft instead.
It would also be naive to pretend Ford has become hypercompetitive within the growing electric vehicle (EV) arena. Auto information site CarEdge reports Ford's fourth-quarter U.S. market share at only 8.7%, behind Tesla and General Motors, but also behind Hyundai and Kia.
