My Forever Portfolio: 5 Dividend-Paying Value Stocks That Are Too Cheap to Ignore
On Nov. 2, Kimberly-Clark (NASDAQ: KMB) became the owner of Tylenol and Listerine when it closed its purchase of Kenvue. A few days earlier, Clorox (NYSE: CLX) named a new CEO, and Hormel Foods (NYSE: HRL) just swore one in. That's a lot of change for companies selling things we buy without thinking. Here's a simple way to think about a forever portfolio: I want businesses whose customers will still be showing up in 20 years, and I want to buy them while Wall Street worries they won't. These five value stocks from the consumer staples aisle pay dividends, cost less than they used to, and sell something I don't expect people to quit. Continue reading