1 Magnificent S&P 500 Dividend Stock Down 30% to Buy and Hold Forever

Finding financially stable businesses that can be the bedrock of your portfolio at a significant discount is almost any investor's dream. Unfortunately, these sell-offs on blue chip dividend growers almost always come with some investing baggage.

The 110-year-old household goods behemoth Clorox (NYSE: CLX) is a perfect example.

Plagued by supply chain disruptions, a $445 million goodwill write-off, and, most recently, a cyberattack that temporarily halted its operations, things could hardly be going any worse for the formerly steady-Eddie Clorox

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Source Fool.com