A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 50% to Buy Now and Hold Forever

Cyclicality has hit this fun-loving business. However, with the stock now down 50% and paying a 4.7% dividend, investors might want to consider snapping up a few shares. Battling a trio of challenges, including weaker consumer confidence, less snowfall at its North American ski resorts, and tough comparables after a post-COVID resurgence, Vail Resorts (MTN -1.05%) has seen its shares decline 50% since 2021. While Vail is the largest global ski resort with 42 locations across North America, Australia, and Eu ...