Two Underperforming S&P 500 Dividend Stocks Present Buying Opportunities
The S&P 500 has climbed 12.7% over the past year through October 10, with technology stocks leading the charge at 22.9% gains. Yet not all components have kept pace—Coca-Cola (KO) and ConocoPhillips (COP) have declined 3.6% and 20.7%, respectively, creating potential value for long-term dividend investors.
Coca-Cola's 138-year legacy spans 200+ countries, with brands like Fanta and Sprite complementing its flagship product. The beverage giant posted 5% adjusted revenue growth last quarter, though volume declines remain a concern. ConocoPhillips, meanwhile, offers exposure to energy markets through its diversified upstream operations.
These blue-chip underperformers may appeal to investors seeking stable income streams amid market volatility. Their recent pullbacks contrast with the broader index's tech-driven rally, presenting contrarian opportunities for patient capital.
