3 Magnificent S&P 500 Dividend Stocks Down Roughly 26% to 60% to Buy and Hold Forever @themotleyfool #stocks $TGT $^GSPC $MRK $PEP

3 Magnificent S&P 500 Dividend Stocks Down Roughly 26% to 60% to Buy and Hold Forever @themotleyfool #stocks $TGT $^GSPC $MRK $PEP

Key PointsShares of Merck are down thanks to Keytruda's impending loss of patent protection, but the drugmaker's pipeline is still pretty compelling.There's a chance the economic lethargy that's working against retailer Target is about to dissipate.Snack chip and beverage giant PepsiCo's pronounced vulnerability to higher prices won't be a problem forever.10 stocks we like better than Target › The past several months have been bullish ones for t…