Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping

Millennial Dividends
7.68K Followers
(14min)

Summary

  • The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date.
  • Market experienced its first 2% or more pullback in 356 trading days, yesterday.
  • Investors should be cautious with earnings season in full-swing amidst sky-high expectations and lofty valuations.
  • The widely expected market sell-off is finally here, resetting valuations and presenting investors with an opportunity to add to quality holdings.
  • I present a list of 12 high-quality, blue-chip stocks with fair value and price targets, to consider adding on weakness.
Stock market

D-Keine

"In times of peace, prepare for war".

This simple, yet sophisticated phrase, often attributed to the Roman military strategist Vegetius, is a perfect description of how I approach investing strategy.

This year, the S&P 500 (SP500) has posted 19

This article was written by

7.68K Followers
I’m a Financial Analyst at a Fortune 500 company, investing with a long runway—30 years to retirement and plenty of compounding ahead. I write about building a thoughtful portfolio that balances strong growth potential with solid fundamentals. My focus is on high-quality businesses, mostly in the U.S. and Europe—companies with staying power, industry-leading profitability, low leverage, and room to grow. I’m especially interested in portfolio strategy, capital allocation, and what makes a business truly worth holding for the long haul. Investing, for me, is about more than just returns—it’s a way to challenge my thinking, stay curious, and move steadily toward financial independence.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of META, AMZN, GOOGL, BKNG, MA, MELI, CMG, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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