1 Magnificent S&P 500 Dividend Stock Down 66% to Buy and Hold Forever
The Motley Foolยท2025-11-13 10:25
A handful of problems have dragged this American icon's stock into the mud.The alcohol industry is going through what might be its most challenging time in recent history.Shares of just about every notable alcohol stock are down, including Brown-Forman Corp. (BF.B 1.69%)(BF.A 1.83%). The company, most famous for its Jack Daniel's brand of American whiskey, has tumbled a whopping 66% from its high.Despite the stock's poor performance, Brown-Forman still shows significant promise moving forward. The company i ...