A Once-in-a-Decade Opportunity: 3 Magnificent Dividend Stocks Down Between 19% and 28% to Buy Now and Hold Forever
Down between 19% and 28% from their all-time highs, dividend growth stocks Unilever (NYSE: UL), The Hershey Company (NYSE: HSY), and Lamb Weston (NYSE: LW) currently trade near once-in-a-decade valuations.
These magnificent stocks have five-year betas well below 1, making these discounted prices even more alluring for investors. Betas measure a company's share price volatility compared to the broader market. Low betas of less than 1 often belong to reliable, steady-Eddie operators fit to anchor any investor's portfolio.
This combination of low share price volatility and steady dividend growth at a decade-low valuation makes these three stocks promising once-in-a-decade opportunities. Here's how they could reward investors handsomely over the coming years.
Source Fool.com
