5 Dividend Stocks to Hold for the Next 5 Years
Wall Street tends to cycle through stock themes even though some sectors tend to be filled with strong businesses. And even strong businesses go through hard times.
Right now, investors are downbeat on consumer staples stocks, and PepsiCo (NASDAQ: PEP), (NYSE: CLX), The Hershey Company (NYSE: HSY), Hormel Foods (NYSE: HRL), and General Mills (NYSE: GIS) are all muddling through rough patches. History suggests you'll end up a winner if you can hold these well-run consumer staples businesses for at least five years.
From a big-picture perspective, there's really nothing wrong with consumer staples stocks. They continue to sell relatively inexpensive items that are used and bought regularly regardless of the economy. If you are a long-term investor, this is a great sector to look at. That's particularly true today because Wall Street is downbeat on these stocks.
Source Fool.com
Hershey Co. Stock
Our community is currently low on Hershey Co. with 3 Buy predictions and 11 Sell predictions.
A slightly negative potential of -13.51% at a current price of 154.94 € for Hershey Co. is the result of a target price of 134 €.
