Top Blue Chip Stocks You Should Buy and Hold for Years
Thursday, 23 May 2024, 12:05
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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
- Generated $100.4 billion in profit and $101.9 billion in free cash flow in the past 12 months.
- New record of $110 billion stock repurchase announced, boosting investor confidence.
- 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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