3 Magnificent Dividend Stocks Down 20% to Buy and Hold Forever
2026-02-24 15:50:00 ET
Despite recent volatility, the stock market remains near record highs. However, in the case of certain stocks, including some dividend stocks , various factors have placed them under pressure.
However, after falling 20% or more from their 52-week highs, now may be the time to go bottom-fishing with these stocks. Following their respective price declines, each now has a much higher forward yields, providing steady gains regardless of price action.
While some of these stocks have justifiably pulled back, in certain situations, the market has overreacted to perceived near-term negatives. The stocks I'm talking about are Best Buy (NYSE: BBY) , Kimberly-Clark (NASDAQ: KMB) , and Kraft Heinz (NASDAQ: KHC) .
NASDAQ: KMB
KMB Trading
0.32% G/L:
$143.84 Last:
1,716,128 Volume:
$142.22 Open:
