Blue-chip stocks to buy offer greater stability and long-term certainty than smaller equities. These stocks are optimal for buy-and-hold investors. However, investors who monitor the stock market will notice dips from time to time. While dips can cause some investors to panic, savvy individuals recognize these blue-chip stocks to buy dips as buying opportunities. Accumulating shares at discounts can lower your cost basis and increase your potential returns.
Investors seeking resilient companies with less risk and higher margins of safety may want to consider these top blue-chip stocks to buy today.
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Visa (NYSE:V) is a part of the global economy’s bedrock. Many investors view the credit and debit card issuer as an economic bellwether. Better, it’s positioned to gain market share as consumers spend more money with its cards.
Visa’s recent earnings report posted net revenue growth of 9% year-over-year. GAAP net income increased by 17% year-over-year, which resulted in a 54.4% net profit margin.
Shares are up by 18% over the past year and have a five-year gain of 95%. Better, Visa is committed to generating value for shareholders through its frequent stock buybacks and dividend distributions. The company repurchased $3.4 billion worth of shares in the final quarter of 2023.
Investors won’t have to worry too much about this stock. It’s resilient, and people will always use debit cards and credit cards to buy products and services.
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Another one of the top blue-chip stocks to buy is Walmart (NYSE:WMT), which offers reliable dividend payments and steady appreciation. The equity has a 1.4% dividend yield and has gained 76% over the past five years. The stock is also up by 14% over the past year.
Walmart’s strength is its…
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