In the face of growing inflation, blue-chip stocks are considered the safest investments. Analysts argue that as inflation rises, investors tend to shift away from growth companies and toward value equities. As the market recovers from the pandemic-related fall, blue-chip companies have stayed robust. Value equities beat growth stocks in times of rising inflation. The S&P 500 Value index has gained 33.75 percent, while the S&P 500 index as a whole has returned 31.38 percent and 30.22 percent.
Here is Insider Monkey’s list of the 15 best blue-chip stocks to invest in. The company, which was created in 1987, provides nicotine-containing goods as well as smokeless and electric cigarettes throughout the world. Philip Morris International Inc. currently pays an annual dividend of $4.80 per share to its stockholders. The company’s market capitalization is $159 billion. Honeywell International Inc. is a North Carolina-based aerospace and automotive components manufacturer. The company’s market capitalization is $159.6 billion. Honeywell is ranked 14th among the top 15 blue-chip stocks to buy. The Coca-Cola Company is a multinational beverage company that provides soft drinks, coffee, water, tea, and energy beverages. The company has a market capitalization of $240 billion and is ranked 13th among the top 15 blue-chip stocks to buy. Pfizer Inc. is a biopharmaceutical business situated in New York that ranks 12th among the top 15 blue-chip stocks to invest in. The corporation has a market capitalization of $261 billion and pays an annual dividend of $1.56 per share to its stockholders. Exxon Mobil Corporation is ranked 11th. The company’s market capitalization is $236 billion. Exxon Mobil Corporation reported an EPS of $1.10 in the second quarter of 2021, topping estimates by $0.11. Tide, Downy, Pampers, Olay, Oral-B, Neurobion, and Mr. Clean are some of the prominent brands of the Proctor & Gamble Company. The company’s market capitalization is $345 billion. It is ranked 10th among the top 15 blue-chip stocks to buy. For more details, click 15 Best Blue-Chip Stocks To Invest In.
