To The Moon

Blue-chip stocks offer exposure to the world’s biggest and most well-financed corporations. They are industry titans with a history of surviving recessions and weathering economic storms.

But that doesn’t mean they’re immune to downturns. We’re witnessing one of the biggest thrashings on record, and it’s creating opportunities for those willing to look past the pain. Below I’ll reveal three of the best blue-chip stocks to buy before the recovery.

And make no mistake, a rebound is coming that will bring rich rewards to those willing to plant seeds now. Remember, the financial market’s advance is permanent, and the declines are temporary. We could argue that a recession has already been priced in at this point in the cycle. The averageS&P 500stock has already fallen 30%, and the averageNasdaqandRussell 2000component has been cut in half.

While not every company will regain its old highs, the blue-chip beauties eventually will.

Walt Disney (DIS)

Drawdown from the Highs: -54%

For a blue-chip stock as old and storied asWalt Disney(NYSE:DIS), you might imagine a company that offers stability and lower beta. Unfortunately, DIS stock has been anything but. It’s gotten cut in halftwiceover the past three years. With the advent of Disney+, the Street started treating it as a high-growth stock. And while that seemed like a godsend following the pandemic when growth was in vogue, it’s causing severe trouble on the way down.

Indeed DIS stock is suffering alongside the fallout in other streaming-related companies likeNetflix(NASDAQ:NFLX),Roku(NASDAQ:ROKU), andWarner Bros Discovery(NASDAQ:WBD). But now that prices are back to where they were in 2015, I think Disney has largely been de-risked. You rarely get a chance to acquire the Mouse House this far off the highs.

$Walt Disney(DIS)$