Passive income investors can potentially increase their wealth in the long run by investing in this dividend stock.
Fool.com contributor Parkev Tatevosian has identified one beaten-down dividend stock that could make an excellent purchase for passive income investors. (NKE 0.22%)
*Stock prices used were the afternoon prices of Jan. 20, 2024. The video was published on Jan. 22, 2024.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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