2 Magnificent S&P 500 Dividend Stocks Down Over 39% to Buy and Hold Forever

The market indices all hit new highs in 2024, but some top consumer brands didn't fare as well and saw their share prices tumble to new lows. For income investors, this is a great time to buy shares of quality dividend stocks that are offering their highest yields in years. Here are two discounted dividend stocks to buy for the long term.Nike (NYSE: NKE) has a long history of delivering excellent returns to investors. The athletic wear market has grown for a long time. Statista expects it will reach $451 billion in 2028. As the top brand with $49 billion in annual revenue, Nike's recent dip could undervalue the company's future opportunities.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool