2 Stocks Down About 70% to Buy Now and Hold for the Next Decade

Two beaten-down consumer goods stocks are presented as long-term buying opportunities: Brown-Forman, down 65% from its 2020 peak, maintains strong Jack Daniel's sales and growing ready-to-drink brands while raising dividends for 42 consecutive years. Simply Good Foods, down 70% due to Atkins brand collapse, is repositioning around its growing Quest protein brand, which now represents nearly two-thirds of sales, with management aggressively buying back stock.