Stock Market Sell-Off: 1 Magnificent S&P 500 Dividend Stock Down 40% to Buy Right Now at a Once-in-a-Decade Valuation
So far this year, the S&P 500 index has dropped 19% from its highs. While I typically view these sell-offs as an opportunity to add up on some of my best-performing growth stocks (such as The Trade Desk or Wingstop), one of my favorite dividend stocks has also fallen through the cracks.Or technically, I should say, one of my daughter's favorite dividend stocks: The Hershey Company (NYSE: HSY).While I usually look to add up rather than double down on stocks for my daughter and me, I'm comfortable making Hershey the exception to this rule thanks to its recession-resilient offerings, growing dividend, and discounted valuation.Continue reading
So far this year, the S&P 500 index has dropped 19% from its highs. While I typically view these sell-offs as an opportunity to add up on some of my best-performing growth stocks (such as The Trade Desk or Wingstop), one of my favorite dividend stocks has also fallen through the cracks.
Or technically, I should say, one of my daughter's favorite dividend stocks: The Hershey Company (NYSE: HSY).
While I usually look to add up rather than double down on stocks for my daughter and me, I'm comfortable making Hershey the exception to this rule thanks to its recession-resilient offerings, growing dividend, and discounted valuation.
