WMT - 3 Blue Chip Stocks That You Can Buy and Hold for Years
2024-05-23 08:05:00 ET
There are many stocks that you can invest in for the long haul and effectively forget about. These are businesses with robust financials, strong growth prospects, and a lot of stability for investors. They are what you would consider to be blue chip stocks.
Three of the best blue chip stocks to buy, whether you're a seasoned investor or new to Wall Street, are Walmart (NYSE: WMT) , Apple (NASDAQ: AAPL) , and Eli Lilly (NYSE: LLY) . Here's a closer look at these stocks to see why they can make for solid investments in the long run.
It's hard to imagine a scenario where big-box retailer Walmart isn't a huge force in the future. The company recently released its first-quarter earnings for fiscal 2025, with consolidated revenue of $161.5 billion (for the period ending April 30) rising by 6% year over year.
For further details see:
3 Blue Chip Stocks That You Can Buy and Hold for Years