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1 Dividend Growth Stock Down 35% to Buy Right Now
HRLHormel Foods(HRL) The Motley Fool·2024-04-13 20:01

"Fallen angel": A great company that has temporarily encountered hard times. Dividend King Hormel Foods is likely to fly again at some point soon.Wall Street loves a good story, on both the positive and negative sides. Right now, unfortunately, the story for Hormel Foods (HRL -2.13%) is a bad one. Which is why the stock has fallen roughly 35% from its 2022 high-water mark.While the food maker is facing very real headwinds, it is highly likely that it will muddle through and continue to reward investors with ...