Is Now the Time to Buy This S&P 500 Stock That's Down 69% and Hold for 20 Years?

The S&P 500 is the most closely watched benchmark among the investment community because it measures the performance of large and profitable companies based in the U.S. However, it has been getting crushed in the past few days due to uncertainty surrounding tariff announcements.Some of its constituents have had a rough go, even after a long-term negative trend. As of April 7, this consumer discretionary stock is a whopping 69% off its peak, a record established all the way back in November 2021. To be clear, this business is currently facing some challenges, but the current dip might be too difficult to pass up.Should you buy shares and hold them for 20 years? Here's what investors need to know.Continue reading

Apr 10, 2025 - 15:16

Is Now the Time to Buy This S&P 500 Stock That's Down 69% and Hold for 20 Years?

The S&P 500 is the most closely watched benchmark among the investment community because it measures the performance of large and profitable companies based in the U.S. However, it has been getting crushed in the past few days due to uncertainty surrounding tariff announcements.

Some of its constituents have had a rough go, even after a long-term negative trend. As of April 7, this consumer discretionary stock is a whopping 69% off its peak, a record established all the way back in November 2021. To be clear, this business is currently facing some challenges, but the current dip might be too difficult to pass up.

Should you buy shares and hold them for 20 years? Here's what investors need to know.