Best 2 Blue Chip Stocks to Buy After Last Week's Market Pullback

2026-03-07 06:15:00 ET

The Iran war set the markets back this past week, sending stocks in most sectors plummeting. In situations such as these, many investors sell first and ask questions later.

The conflict will likely have an impact on businesses, besides the obvious reactions such as oil price increases, a rush to safe-haven assets such as gold and silver, and a boost for defense industry stocks. However, many of the companies that saw their shares drop in the past week aren't likely to be that affected by the conflict. As a research report from Morgan Stanley pointed out, in the wake of similar geopolitical shocks, on average, the S&P 500 has been up by approximately 2% after one month, up 6% after six months, and up 8% after 12 months.

At moments like these, then, it makes sense to look at blue chip stocks -- such as Apple (NASDAQ: AAPL) and Williams Companies (NYSE: WMB) -- and see if the dip is worth buying. In my view, both of these stocks' recent downturns were likely overreactions.

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