Good article

Like
Comment
Favorite

Namaku Bento
2023-08-10

Good article

7 Blue-Chip Stocks to Buy at an All-Time Low in August

August started with a whimper, as the recent stock rally receded. After hitting an end-of-July $457 high, the SPDR S&P 500 ETF (NYSEARCA:SPY) pared back...

7 Blue-Chip Stocks to Buy at an All-Time Low in August

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":207332238241936,"tweetId":"207332238241936","gmtCreate":1691647371706,"gmtModify":1691647376095,"author":{"id":4154438367285182,"idStr":"4154438367285182","authorId":4154438367285182,"authorIdStr":"4154438367285182","name":"Namaku Bento","avatar":"https://community-static.tradeup.com/news/18015d5721496bda634eb2131e987147","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>Good article</body></html>","htmlText":"<html><head></head><body>Good article</body></html>","text":"Good article","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/207332238241936","repostId":2358791753,"repostType":2,"repost":{"id":"2358791753","pubTimestamp":1691639411,"share":"https://www.laohu8.com/m/news/2358791753?lang=&edition=full","pubTime":"2023-08-10 11:50","market":"us","language":"en","title":"7 Blue-Chip Stocks to Buy at an All-Time Low in August","url":"https://stock-news.laohu8.com/highlight/detail?id=2358791753","media":"InvestorPlace","summary":"August started with a whimper, as the recent stock rally receded. After hitting an end-of-July $457 high, the SPDR S&P 500 ETF (NYSEARCA:SPY) pared back...","content":"<html><head></head><body><ul><li>AT&amp;T (T): Lead cabling issues are proving less concerning for this telecom company.</li><li>General Motors (GM): GM may be one of the first (and only) legacy car companies to successfully pivot into electric vehicles. </li><li>Disney (DIS): Disney’s recent beatdown isn’t based on fundamentals, as the company’s extensive media portfolio remains popular.</li><li>Read more on these top blue-chips to buy and hold now!</li></ul><img src=\"https://static.tigerbbs.com/ab51d2b4a349d083a92fa12da3c70bef\" tg-width=\"768\" tg-height=\"432\"/>Source: ShutterstockAugust started with a whimper, as the recent stock rally receded. After hitting an end-of-July $457 high, the SPDR S&amp;P 500 ETF (NYSEARCA:SPY) pared back its gains and fell about 2% with plenty of intraday volatility on the charts. Although we’re closer to the Fed’s soft landing promises than many expected just a year ago, plenty of economic turmoil lies beneath the surface. For many investors, today’s stock values are higher than they should be, considering inflation, more rate hikes in the future, and general uncertainty. Still, we’re finding opportunities, especially in some of the best blue-chip stocks to buy.Much of the stock market resurgence came from a handful of tech stocks riding the AI wave. Plus, August’s choppiness might be a sign investors are taking profits while they can. At the same time, though, a handful of key blue chip stocks are massively undervalued. These blue chip stocks have solid fundamentals and steady growth projections but remain widely ignored in the face of renewed tech exuberance.While they may not mark a true all-time low today, these blue chip stocks are down on their luck. <h2 id=\"id_242731113\">Best Blue-Chip Stocks to Buy: AT&amp;T (T)</h2><img src=\"https://static.tigerbbs.com/ac953ebebaa7e4e8f727896d86ff9da5\" tg-width=\"300\" tg-height=\"169\"/>Source: ShutterstockLike many telecom stocks, AT&amp;T (NYSE:T) declined rapidly over the past few months on allegations of lead contamination. The allegations, first published in July, pushed AT&amp;T’s share price down more than 10% before it settled around $14 per share this month. However, the problem may not be as prevalent as initially reported. Better, investors bullish on the telecom could see substantial upside from AT&amp;T as the company works through the legal process and deploys planned growth strategies. In fact, on July 25, AT&amp;T published a press release detailing its plan to address lead-clad cabling concerns. They’re currently working with the U.S. Environmental Protection Agency (EPA) to test and assess the extent of the potential liability. Still, analysts assess see limited long-term fallout and that “the market is overly pessimistic on AT&amp;T’s future.”AT&amp;T’s wireless revenues are continually increasing. Profitability is up, and free cash flow is increasing. AT&amp;T might be one of the best blue-chip stocks to buy, especially with its 7% dividend yield. <h2 id=\"id_3722134295\">General Motors (GM)</h2><img src=\"https://static.tigerbbs.com/19937bc1c40e26bd4e22314bd657f3be\" tg-width=\"300\" tg-height=\"169\"/>Source: Katherine Welles / Shutterstock.comGeneral Motors (NYSE:GM) will likely be one of the first legacy manufacturers to pivot into electric vehicles successfully. Plus, GM’s recent partnership with Tesla (NASDAQ:TSLA) only reinforces its dominant position. Furthermore, the company announced that all five of its electric vehicles will have highly-anticipated vehicle-to-home charging capabilities in the next few years. That means the vehicles will act as supplemental power sources for the home. This capability is critical in emergencies like hurricanes that cut power across states. GM is priced around where it was pre-pandemic, indicating investors see much less downside than they did when the stock skyrocketed to almost $60  in 2021. Still, with GM’s current industry dominance and forward-thinking management, GM is one of the best blue-chip stocks to buy.  <h2 id=\"id_3159279327\">Best Blue-Chip Stocks to Buy: Disney (DIS)</h2><img src=\"https://static.tigerbbs.com/bca731cb168e1ea163fe9648c5aea426\" tg-width=\"300\" tg-height=\"169\"/>Source: ShutterstockDisney (NYSE:DIS) has long been a blue chip stock favorite, but it’s seen better days. The stock hit a 5-year low this week, and investors seem to be running for the door. But, practically speaking, little’s changed in Disney’s overall outlook to create such bearish sentiment. And the company isn’t resting on its laurels, either. Instead, it’s adapting to changing media trends and is keeping pace with even the biggest “new media” giants. Disney embraced streaming wholly in recent years. The company leveraged its vast media empire, including Disney+, Hulu, and ESPN+, to capture a growing share of cable cutters. Disney also remains adept at managing their vast intellectual property catalog, licensing franchises to generate massive profits. Star Wars and Marvel alone are worth a combined $95 billion, and watchers of both aren’t demonstrating franchise fatigue yet. Ultimately, Disney won’t lose their crown anytime soon, and investors looking for blue chip value should be bullish on Mickey. <h2 id=\"id_2202277829\">Pfizer (PFE)</h2><img src=\"https://static.tigerbbs.com/04da690c1e0cba1c0f1fa359c6d01e10\" tg-width=\"300\" tg-height=\"169\"/>Source: photobyphm / Shutterstock.comPfizer (NYSE:PFE) is priced well below its pandemic highs. However, it still remains a quality blue chip stock for long-term portfolios. Expectedly, COVID-related sales fell substantially this year, although upcoming cold weather might boost revenues. Still, Pfizer’s core holdings remain robust. Beyond COVID-19 products, net sales jumped 5% this quarter. Pfizer remains focused on the future, with a robust pipeline ensuring a steady stream of revenue. Its production and distribution networks also ensure the company can compete against generics, threatening its bottom line. Analysts are just as bullish on Pfizer, with estimates indicating PFE is nearly 35% undervalued today. The company’s growing revenue, profits, and 4% dividend yield also make Pfizer perfect for undervalued blue chip seekers. <h2 id=\"id_2999690522\">Best Blue-Chip Stocks to Buy: Lockheed Martin (LMT)</h2><img src=\"https://static.tigerbbs.com/d44e76a4f0123c13b23d077bc7b2a00b\" tg-width=\"300\" tg-height=\"169\"/>Source: ranchorunner / Shutterstock.comUnfortunately, geopolitical conflict is here to stay. That makes Lockheed Martin (NYSE:LMT) a dominant stock in the defense industry. Most recently, Lockheed beat earnings expectations. Better, its flagship F-35 program promises to remain a cash cow by producing new equipment and maintaining existing global fleets. Likewise, the US government remains on high alert with the Russia-Ukraine conflict. In addition, US defense spending grew to $1.77 trillion in 2023, with $270 billion allocated toward contracts. Lockheed accounts for 28% of US defense contract spending, so it’s reasonable to infer that growing defense budgets bode well for this defense industry blue chip stock.<h2 id=\"id_1938610819\">JP Morgan Chase (JPM)</h2><img src=\"https://static.tigerbbs.com/d6ac632e7cf786fb003f3bbda6f32d1e\" tg-width=\"300\" tg-height=\"169\"/>Source: ShutterstockInvestment giant JP Morgan Chase (NYSE:JPM) just reported a profit of $14.5 billion, even amid economic constraints and interest rate hikes raising its cost of business. JP Morgan is the most dominant bank in the industry, making its recent fall from grace even more surprising. But that dominance is unquestioned, and JP Morgan’s competitive advantage remains intact. JP Morgan is one of, if not the largest consumer and commercial banking company in America, extending its reach into Latin America. Geographic diversification is key for continued growth. JP Morgan demonstrates they have what it takes to keep their global advantage. Finally, JP Morgan emerged largely unscathed from the early year’s banking crises. This resilience means they’re well-positioned to withstand further economic chaos. This stability should make blue-chip investors confident in the company.   <h2 id=\"id_1860736862\">Chevron Corporation (CVX)</h2><img src=\"https://static.tigerbbs.com/b2cfc9293e8bd7397937e6c730de1c8b\" tg-width=\"300\" tg-height=\"169\"/>Source: Sundry Photography / Shutterstock.comChevron (NYSE:CVX) suffered through energy market turbulence. Still, global oil prices are rapidly stabilizing, and Chevron is poised for a breakout. The company’s July earnings report saw an earnings drop on global oil market instability. However, Chevron remains ready with a hefty cash reserve. The oil giant is also happy to appease investors, buying back $4.4 billion worth of stock last quarter and projecting another $3 billion repurchase this quarter. Analyst consensus indicates Chevron is a Strong Buy, with 14 recommending immediate purchase, 2 projecting outperformance, and the remaining 12 maintaining that the stock is worth holding.  Chevron also remains committed to a sustainable future. The company invests heavily in low-carbon ventures to meet a (possibly) inevitable pivot away from oil and gas. The company’s pledged a $10 billion investment in the sector by 2028, and Chevron’s existing ecosystem makes it prime to capture a growing green market. </body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Blue-Chip Stocks to Buy at an All-Time Low in August</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Blue-Chip Stocks to Buy at an All-Time Low in August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-10 11:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/08/7-blue-chip-stocks-to-buy-at-an-all-time-low-in-august/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nAT&T (T): Lead cabling issues are proving less concerning for this telecom company.General Motors (GM): GM may be one of the first (and only) legacy car companies to successfully pivot into electric ...\n\n<a href=\"https://investorplace.com/2023/08/7-blue-chip-stocks-to-buy-at-an-all-time-low-in-august/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4524":"宅经济概念","JPM":"摩根大通","LMT":"洛克希德马丁","DIS":"迪士尼","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","T":"美国电话电报","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","MS":"摩根士丹利","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","TSLA":"特斯拉","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4532":"文艺复兴科技持仓","LU0056508442.USD":"贝莱德世界科技基金A2","GM":"通用汽车","CVX":"雪佛龙","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","PFE":"辉瑞","BK4108":"电影和娱乐","BK4534":"瑞士信贷持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://investorplace.com/2023/08/7-blue-chip-stocks-to-buy-at-an-all-time-low-in-august/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2358791753","content_text":"AT&T (T): Lead cabling issues are proving less concerning for this telecom company.General Motors (GM): GM may be one of the first (and only) legacy car companies to successfully pivot into electric vehicles. Disney (DIS): Disney’s recent beatdown isn’t based on fundamentals, as the company’s extensive media portfolio remains popular.Read more on these top blue-chips to buy and hold now!Source: ShutterstockAugust started with a whimper, as the recent stock rally receded. After hitting an end-of-July $457 high, the SPDR S&P 500 ETF (NYSEARCA:SPY) pared back its gains and fell about 2% with plenty of intraday volatility on the charts. Although we’re closer to the Fed’s soft landing promises than many expected just a year ago, plenty of economic turmoil lies beneath the surface. For many investors, today’s stock values are higher than they should be, considering inflation, more rate hikes in the future, and general uncertainty. Still, we’re finding opportunities, especially in some of the best blue-chip stocks to buy.Much of the stock market resurgence came from a handful of tech stocks riding the AI wave. Plus, August’s choppiness might be a sign investors are taking profits while they can. At the same time, though, a handful of key blue chip stocks are massively undervalued. These blue chip stocks have solid fundamentals and steady growth projections but remain widely ignored in the face of renewed tech exuberance.While they may not mark a true all-time low today, these blue chip stocks are down on their luck. Best Blue-Chip Stocks to Buy: AT&T (T)Source: ShutterstockLike many telecom stocks, AT&T (NYSE:T) declined rapidly over the past few months on allegations of lead contamination. The allegations, first published in July, pushed AT&T’s share price down more than 10% before it settled around $14 per share this month. However, the problem may not be as prevalent as initially reported. Better, investors bullish on the telecom could see substantial upside from AT&T as the company works through the legal process and deploys planned growth strategies. In fact, on July 25, AT&T published a press release detailing its plan to address lead-clad cabling concerns. They’re currently working with the U.S. Environmental Protection Agency (EPA) to test and assess the extent of the potential liability. Still, analysts assess see limited long-term fallout and that “the market is overly pessimistic on AT&T’s future.”AT&T’s wireless revenues are continually increasing. Profitability is up, and free cash flow is increasing. AT&T might be one of the best blue-chip stocks to buy, especially with its 7% dividend yield. General Motors (GM)Source: Katherine Welles / Shutterstock.comGeneral Motors (NYSE:GM) will likely be one of the first legacy manufacturers to pivot into electric vehicles successfully. Plus, GM’s recent partnership with Tesla (NASDAQ:TSLA) only reinforces its dominant position. Furthermore, the company announced that all five of its electric vehicles will have highly-anticipated vehicle-to-home charging capabilities in the next few years. That means the vehicles will act as supplemental power sources for the home. This capability is critical in emergencies like hurricanes that cut power across states. GM is priced around where it was pre-pandemic, indicating investors see much less downside than they did when the stock skyrocketed to almost $60  in 2021. Still, with GM’s current industry dominance and forward-thinking management, GM is one of the best blue-chip stocks to buy.  Best Blue-Chip Stocks to Buy: Disney (DIS)Source: ShutterstockDisney (NYSE:DIS) has long been a blue chip stock favorite, but it’s seen better days. The stock hit a 5-year low this week, and investors seem to be running for the door. But, practically speaking, little’s changed in Disney’s overall outlook to create such bearish sentiment. And the company isn’t resting on its laurels, either. Instead, it’s adapting to changing media trends and is keeping pace with even the biggest “new media” giants. Disney embraced streaming wholly in recent years. The company leveraged its vast media empire, including Disney+, Hulu, and ESPN+, to capture a growing share of cable cutters. Disney also remains adept at managing their vast intellectual property catalog, licensing franchises to generate massive profits. Star Wars and Marvel alone are worth a combined $95 billion, and watchers of both aren’t demonstrating franchise fatigue yet. Ultimately, Disney won’t lose their crown anytime soon, and investors looking for blue chip value should be bullish on Mickey. Pfizer (PFE)Source: photobyphm / Shutterstock.comPfizer (NYSE:PFE) is priced well below its pandemic highs. However, it still remains a quality blue chip stock for long-term portfolios. Expectedly, COVID-related sales fell substantially this year, although upcoming cold weather might boost revenues. Still, Pfizer’s core holdings remain robust. Beyond COVID-19 products, net sales jumped 5% this quarter. Pfizer remains focused on the future, with a robust pipeline ensuring a steady stream of revenue. Its production and distribution networks also ensure the company can compete against generics, threatening its bottom line. Analysts are just as bullish on Pfizer, with estimates indicating PFE is nearly 35% undervalued today. The company’s growing revenue, profits, and 4% dividend yield also make Pfizer perfect for undervalued blue chip seekers. Best Blue-Chip Stocks to Buy: Lockheed Martin (LMT)Source: ranchorunner / Shutterstock.comUnfortunately, geopolitical conflict is here to stay. That makes Lockheed Martin (NYSE:LMT) a dominant stock in the defense industry. Most recently, Lockheed beat earnings expectations. Better, its flagship F-35 program promises to remain a cash cow by producing new equipment and maintaining existing global fleets. Likewise, the US government remains on high alert with the Russia-Ukraine conflict. In addition, US defense spending grew to $1.77 trillion in 2023, with $270 billion allocated toward contracts. Lockheed accounts for 28% of US defense contract spending, so it’s reasonable to infer that growing defense budgets bode well for this defense industry blue chip stock.JP Morgan Chase (JPM)Source: ShutterstockInvestment giant JP Morgan Chase (NYSE:JPM) just reported a profit of $14.5 billion, even amid economic constraints and interest rate hikes raising its cost of business. JP Morgan is the most dominant bank in the industry, making its recent fall from grace even more surprising. But that dominance is unquestioned, and JP Morgan’s competitive advantage remains intact. JP Morgan is one of, if not the largest consumer and commercial banking company in America, extending its reach into Latin America. Geographic diversification is key for continued growth. JP Morgan demonstrates they have what it takes to keep their global advantage. Finally, JP Morgan emerged largely unscathed from the early year’s banking crises. This resilience means they’re well-positioned to withstand further economic chaos. This stability should make blue-chip investors confident in the company.   Chevron Corporation (CVX)Source: Sundry Photography / Shutterstock.comChevron (NYSE:CVX) suffered through energy market turbulence. Still, global oil prices are rapidly stabilizing, and Chevron is poised for a breakout. The company’s July earnings report saw an earnings drop on global oil market instability. However, Chevron remains ready with a hefty cash reserve. The oil giant is also happy to appease investors, buying back $4.4 billion worth of stock last quarter and projecting another $3 billion repurchase this quarter. Analyst consensus indicates Chevron is a Strong Buy, with 14 recommending immediate purchase, 2 projecting outperformance, and the remaining 12 maintaining that the stock is worth holding.  Chevron also remains committed to a sustainable future. The company invests heavily in low-carbon ventures to meet a (possibly) inevitable pivot away from oil and gas. The company’s pledged a $10 billion investment in the sector by 2028, and Chevron’s existing ecosystem makes it prime to capture a growing green market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}