1 Magnificent S&P 500 Dividend Stock Down 67% to Buy and Hold Forever
KHCKraft Heinz(KHC) The Motley Fool·2024-07-14 20:53

This blue chip stock has market-beating potential after a disastrous decade.Stocks you can buy and hold forever must be resilient businesses, with the staying power to last decades. The problem is that these no-brainer winners are seldom cheap. Kraft Heinz (KHC -0.34%), down a whopping 67% from its high, looks like a rare deal.However, blue chip stocks like Kraft Heinz don't lose over half their value by accident; the company has battled through some serious challenges that prospective investors should know ...