Top Blue Chip Stocks You Should Buy and Hold for Years

Thursday, 23 May 2024, 12:05

Discover the top three blue chip stocks - Walmart, Apple, and Eli Lilly - that offer robust financials, strong growth prospects, and stability. With solid dividend yields and potential for expansion, these stocks are ideal for long-term investment strategies. Learn why investing in these stalwarts can provide steady returns over time.
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Top Blue Chip Stocks You Should Buy and Hold for Years

Top Three Blue Chip Stocks for Long-Term Investment

You won't be taking on much risk by investing in these stalwarts. These businesses have robust financials, strong growth prospects, and stability for investors.

Walmart

  • Consolidated revenue of $161.5 billion in fiscal 2025, with 6% year-over-year growth.
  • E-commerce business grew by 21%, advertising business by 24%.
  • Manages acquisitions and rewards shareholders.

Apple

  1. Generated $100.4 billion in profit and $101.9 billion in free cash flow in the past 12 months.
  2. New record of $110 billion stock repurchase announced, boosting investor confidence.
  3. Focus on services revenue and potential growth with new innovations.

Eli Lilly

  • Market leader in healthcare with strong business diversity and growth prospects.
  • Key revenue drivers in diabetes and obesity control segments.
  • Promising potential in new drug approvals for weight loss and Alzheimer's treatment.

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