3 Magnificent S&P 500 Dividend Stocks, Down 22% to 58%, to Buy and Hold Forever
It's difficult for companies to stay at the top of their industries for long. The competition in the global economy is just too fierce. Yet, there are proven winners, such as Nike ( NKE 2.94%), Hershey ( HSY -0.33%), and PepsiCo ( PEP 0.08%), that have stood the test of time due to their beloved brands and the pricing power it gives them.