3 Resilient Blue-Chip Stocks to Buy Now

Resilient Blue-Chip Stocks Are Attractive in the Current Market Environment

What are some of the typical qualities that make a company resilient? It’s usually a business that can generate profits in almost any economic environment. With a strong brand name and products or services that always see steady demand, investors can count on these types of companies through thick and thin. Blue-chip stocks are a good example, as they are companies with strong balance sheets, stable cash flows, and business models that can stand the test of time.

Adding resilient blue-chip stocks to your portfolio makes a lot of sense at this time given the recent market volatility. With so many puzzling factors at play in the market and in the economy, targeting companies that offer reliability might be one of the smartest moves to make at the moment.

Let’s take a look at 3 resilient blue-chip stocks to buy now.

NASDAQ:MSFT, NYSE:PFE, NYSE:MCK

Depositphotos.com contributor/Depositphotos.com – MarketBeat

Microsoft (NASDAQ:MSFT)

If you’re interested in a blue-chip tech company that has consistently proven it can adapt to new trends over the years, Microsoft certainly fits the bill. The software company pivoted towards cloud computing at the perfect time, and now Microsoft Azure is providing entirely new growth prospects for long-term shareholders. Products like Windows, Microsoft Office, Office 365, Sharepoint, and more are some of the most popular business software options in the world, which means the company consistently generates cash flows from them that it can reinvest in high-growth areas of the business like Azure.

Microsoft’s revenue grew by 22% year-over-year in Q2 to reach $45.3 billion, and the company continues to reward shareholders with consistent earnings growth. There’s also a lot to like about the company’s XBOX Series X gaming console, which could deliver a nice earnings boost for Microsoft as supply chain issues start to diminish. The bottom line here is that Microsoft has a rock-solid net cash position, plenty of growth upside, and a history of creating innovative new products,  making it one of the best blue-chip stocks on the market.

Pfizer (NYSE:PFE)

Even with Pfizer trading around its all-time highs, this blue-chip company could end up being a bargain at current levels. It’s a research-based global biopharmaceutical company that offers investors a nice balance of a strong existing drug portfolio and an intriguing pipeline of new drugs that could become future cash cows. With best-selling drugs like Prevnar, Ibrance, and Eliquis, investors can count on stable earnings quarter after quarter here. Worldwide prescription drug sales are expected to grow at a compound annual growth rate of 7.4% from 2020 to 2026, which tells us that there is plenty of money to be made for a company like Pfizer.

Investors are probably already aware of the company’s COVID-19 vaccine, which helped Pfizer deliver a revenue jump of 134% year-over-year to $24.1 billion in Q3. The company’s antiviral COVID treatment pills could be another strong growth driver, and FDA approval of the treatment could send shares soaring in the coming weeks. Finally, the company’s 3.05% dividend yield is very attractive, and Pfizer also has a history of share buyback programs that make it a great choice for long-term investors.

McKesson Corp (NYSE:MCK)

Companies that are involved in the health care industry can certainly offer reliability, especially in the wake of the global pandemic. McKesson is a solid pick as its North America’s largest pharmaceutical distributor, which means the company plays a vital role in keeping our country healthy. Along with pharmaceuticals, McKesson provides health information technology, medical supplies, and care management tools, which means it serves a broad range of health care customers. Perhaps what’s most attractive here is the fact that McKesson has a truly dominant market position, as it’s one of three companies that operate as a pharmaceutical wholesale and distribution oligarchy.

The company reported total revenues of $66.6 billion in Q2, up 9% year-over-year, and increased its FY 22 outlook, which is another strong reason to consider adding shares. McKesson is also playing a big part in the fight against COVID-19 and has seen strong demand for products like COVID-19 tests, vaccines, and more in recent quarters. Finally, the fact that McKesson is selling part of its European business is another plus to consider, as it will allow the company to focus on higher-growth areas of the business going forward.

News Related

OTHER NEWS

3M's (MMM) Earnings and Revenues Surpass Estimates in Q4

3M Company MMM reported solid fourth-quarter 2021 results. Its earnings surpassed estimates by 13.79% and sales exceeded the same by 0.08%. This is the company’s eighth consecutive quarter of earnings ... Read more »

5 Simple, Proven Ways to Improve Contract Management

Back-office operations are crucial for keeping your company running smoothly, and adequate management of your business’s contracts will keep your efforts on track, helping your team hit deadlines and improve productivity while ... Read more »

5 Tips to Transform Your Business in the Hybrid-Work Era

Last year, thousands of companies were forced to adopt remote work in the interest of operational continuity and worker safety. The resulting ad hoc models weren’t always pretty or perfect, ... Read more »

The Power of Purpose: How a Mandatory Staff Meeting Brought My Team Closer Than Ever Before

After I announced a mandatory staff meeting for December 17 one year, some members were upset. Getting together on the cusp of the holidays would conflict with some holiday travel plans, ... Read more »

Bob Dylan's Entire Music Catalog Sold for Estimated $200 Million

Sony Music Group has long been an entertainment industry giant that has continued to purchase and gain ownership over major music catalogs. Dave J Hogan | Getty Images Just last ... Read more »

Analysts Predict Elon Musk Will Earn Billions This Year Despite Not Taking Home a Salary From Tesla

If predictions for Tesla are correct, CEO Elon Musk is going to have a really good 2022.  FREDERIC J. BROWN | Getty Images Analysts predict that Tesla will report strong financial ... Read more »

The Top SEO Trends for 2022

A new year is a perfect opportunity to take a close look at your website and make sure your SEO is doing all the work it can be. Best SEO ... Read more »

Lofoten: 4.9 billion kroner contract for the operation of hydrogen ferries finalized

The Norwegian Public Roads Administration has signed a contract with Torghatten Nord to operate hydrogen ferries between Bodø and Lofoten. The contract has a value of NOK 4.9 billion. Torghatten ... Read more »

Why I think this cheap FTSE 250 stock looks set to accelerate higher

Business development to success and FTSE 100 250 350 growth concept. Worldwide, the FTSE 250‘s TI Fluid Systems (LSE: TIFS) is one of the leading players in the automotive industry. ... Read more »

Markets are on a roller coaster ride. Here' what to keep in mind as stocks whiplash

Morsa Images | E+ | Getty Images The U.S. stock market has been on a rollercoaster ride of late. Stocks slumped again on Tuesday after a wild trading session a ... Read more »

4 Ways to Level Up Your CEO Game

When your business is in its infancy, it may seem impossible to attain the success of execs like Jeff Bezos or Elon Musk. But, of course, even these standouts have ... Read more »

Paul McCartney's Handwritten 'Hey Jude' Notes to Be Auctioned as NFT

NFTs have certainly made a splash as of recently, with everything from original artwork, to social media posts to event tickets being sold digitally to respective owners. Dimitrios Kambouris | ... Read more »

SEC chair eyes tougher cyber rules to protect investors against hackers

SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington.Evelyn Hockstein-Pool/Getty Images Securities and Exchange Commission chairman Gary Gensler ... Read more »

3 investing lessons from the 1929 stock market crash

Tired or stressed businessman sitting on the walkway in panic digital stock market crash financial background As investors pay close attention to what might happen next in stock markets, I ... Read more »

3 U.S. States, D.C. Sue Google for 'Deceptive' Location Tracking

Texas, Indiana, Washington State and the District of Columbia each filed suit against Google in their respective state courts on Monday, alleging that the company has implemented “dark patterns” and deceptive ... Read more »

12 Ways to Boost Your Confidence in 2022

Confidence is one of the most important qualities to have in life. It impacts you on a personal level, professionally and even socially. While it’s easy to assume confident people ... Read more »

What Colorado's Marshall Fire Taught Me About Building Safe and Healthy Homes

As the Marshall Fire, the most destructive fire in Colorado history, tore through Boulder County last month, those of us who are homebuilders in the area watched anxiously to see ... Read more »

4 Ways to Motivate Your Startup Team and Get Major Results

You’ve got smart, ambitious employees, clear project goals and great perks, but something in your company isn’t quite right. Maybe the startup culture you envisioned is fading, or never really kicked ... Read more »

What's next for the IAG share price in 2022?

Aircraft wind on the sunrise sky background. Might we be reaching the Covid end-game sooner than expected? That should be good news for travel companies like International Consolidated Airlines (LSE: ... Read more »

This Game-Changing Investment App Will Help You Build Long-Term Wealth and Satisfy Your 'Voyeuristic' Desire to See Where Other People Put Their Money

Women are better investors than men, a 2021 Fidelity study found. Yet some estimates suggest that as few as 26% of women have invested in the stock market, a staggering ... Read more »

Here are options if you aren't eligible for Navient's student loan forgiveness settlement

For years, many student loan borrowers have suffered under the weight of excessive debt. Some 66,000 borrowers finally got relief when the recent Navient settlement erased their balances. (Here's how ... Read more »

IMF says UK should consider 'well-targeted' action on energy prices

IMF Chief Economist Gita Gopinath speaks in her office during the Spring Meetings of the World Bank Group and IMF in Washington (Reuters) – Britain should consider more support for ... Read more »

Is DatChat Stock a Buy After it Sent a Letter of Intent to Buy Avila Security?

Communications software company DatChat (DATS) made its stock market debut on Aug. 13, 2021 and has garnered significant investor attention in the wake of a letter of intent it sent ... Read more »

Vajro Secures $8.5 Million In Series A

Vajro, one of the fastest growing automated mobile app builders in the world, has raised $8.5 million in Series A round. Company handle Vajro enables e-commerce store owners and service ... Read more »

General Electric (GE) Q4 Earnings and Revenues Miss Estimates

General Electric (GE) came out with quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.64 per share a ... Read more »

Logitech (LOGI) Tops Q3 Earnings Estimates, Raises Sales View

Logitech LOGI on Monday reported better-than-expected third-quarter fiscal 2022 results. The company’s third-quarter non-GAAP earnings of $1.55 per share surpassed the Zacks Consensus Estimate of $1.31. However, the bottom line ... Read more »

A. O. Smith (AOS) to Report Q4 Earnings: What's in the Cards?

A. O. Smith Corporation AOS is scheduled to report fourth-quarter 2021 results on Jan 27, before market open.The company delivered an earnings surprise of 16.82%, on average, in the trailing ... Read more »

Is ResMed a Buy Under $250?

Currently trading at less than $250, ResMed Inc. (RMD) exhibited solid fundamental performance in its last reported quarter based on its strong sales growth across its product portfolio. So, given ... Read more »

Grab These 3 Real Estate Mutual Funds for Sparkling Returns

Mutual funds are the cheapest and most convenient option for investors looking to park their money in the real estate sector. This category of funds offers solid protection against inflation. ... Read more »

Your Answer to This Crucial Question Will Make or Break Your Business's Growth

Do you want to be the Queen or do you want to be the Bank? In other words, as a business owner, do you want to have control or do ... Read more »

This Is Why Chevron (CVX) is Set for Strong Q4 Earnings

Chevron Corporation CVX is set to release fourth-quarter results before the opening bell on Jan 28. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $3.07 ... Read more »

3 Stocks that Are Thriving in an Inflationary Environment

Inflation is one of the biggest threats facing the economy. One profitable strategy during this period of high inflation is to focus on stocks that have pricing power, as these ... Read more »

Explore These 5 Momentum Stocks Using Driehaus Strategy

Investors who tend to take higher risks can think of investing in momentum stocks to boost their gains. In this respect, the Driehaus strategy can be used to choose the ... Read more »

3M (MMM) Tops Q4 Earnings and Revenue Estimates

3M (MMM) came out with quarterly earnings of $2.31 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.38 per share a year ... Read more »

Annuities vs. Mutual Funds: Which One is Best for Retirement?

Deciding how to save for retirement is a tough choice. There are so many different ways to set your money aside and make it grow over the years to have ... Read more »

Is State Street a Buy Under $100?

State Street (STT) reported better-than-expected top- and bottom-line results in its most recent quarter. But the stock plunged in price after the company announced the planned retirement of the CEO ... Read more »

Are tax-free muni bonds right for your portfolio? What to know before investing

Tetra Images If you're looking for a relatively safe, tax-friendly asset, you may be eyeing municipal bonds, known as muni bonds or “munis.” Demand soared in 2021 as investors fled ... Read more »

Airbus staff threaten to strike over pay

Workers at aircraft giant Airbus are voting on whether to go on strike in a pay dispute with bosses. Members of the Unite union working at the company’s factories in ... Read more »

Q&A: What small businesses need to know about the new import rules

Promotional feature from HM Government Since 1 January 2022, businesses who move goods into the UK from the EU, traders and hauliers, have had to follow new rules. Yahoo Finance ... Read more »

EU reimposes $89 million antitrust fine against Telefonica, Portugal Telecom

The logo of Spanish Telecom company Telefonica is seen in Madrid BRUSSELS (Reuters) – EU antitrust regulators on Tuesday reimposed fines worth 79 million euros ($89 million) against Telefonica and ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic