10 Best Blue-Chip Stocks to Buy for the Long Term

Plus: 10 Best Cheap Stocks to Buy Under $10, 3 High Dividend Stocks to Buy Before They Become Too Expensive, and more. [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=56316&elqTrackId=c8bd85edbf1342d9b50ed7a07b76e072&elq=0d3d9aeb96b845d197c383a3c8dd0a43&elqaid=56316&elqat=1&elqCampaignId=28658) [Stock Strategist] Stock Strategist July 29, 2024 Good Morning! Let's dive into today's stock market highlights. Stocks had a bumpy ride last week due to earnings disappointments, namely with Alphabet and Tesla. Morningstar analyst Michael Hodel, however, had [a different take on Alphabet]( and saw positives in the tech giant’s report. With Tesla, Morningstar’s Seth Goldstein didn’t see anything particularly alarming in earnings news, however, [he has some caution for investors]( looking to put money to work in the stock at these levels. More big names are reporting this week. Check out what Morningstar’s analysts will be watching for in earnings from [Apple]( [Meta]( and [Amazon](. Lastly, this week, we have analysts’ top picks on [REITs]( [cybersecurity stocks]( and [the best blue-chip stocks to buy for the long term](. Which Stocks Are Up? Lumen Technologies [LUMN]( SunPower Corporation [SPWR]( 3M Company [MMM]( Bristol-Myers Squibb Company [BMY]( Terex Corporation [TEX](. Which Stocks Are Down? DexCom [DXCM]( Edwards Lifesciences Corporation [EW]( Lamb Weston Holdings [LW]( New Fortress Energy [NFE]( Ford Motor Company [F](. Investing Events: - Tuesday, July 30: Corporate earnings from SoFi Technologies [SOFI]( Procter & Gamble [PG]( Microsoft [MSFT]( - Wednesday, July 31: Federal Open Market Committee meeting, corporate earnings from Boeing [BA]( Meta Platforms [META]( - Thursday, August 1: Corporate earnings from Albemarle [ALB]( Apple [AAPL]( Amazon [AMZN]( - Friday, August 2: July Employment Situation Report Check out our full [weekly calendar]( of economic reports and corporate earnings. For The Trading Week Ended July 26: - The Morningstar US Market Index fell 0.60%. - The best-performing sectors were utilities, up 1.7%, and basic materials, up 1.62%. - The worst-performing sector was communication services, down 2.29%. - Yields on 10-year US Treasury notes fell to 4.20% from 4.25%. - West Texas Intermediate crude prices fell 4.13% to $76.82 per barrel. - Of the 702 US-listed companies covered by Morningstar, 447, or 64%, were up, 5 were unchanged, and 250, or 36%, were down. And Don't Miss: - [10 Best Cheap Stocks to Buy Under $10]( - [Going Into Earnings, Is Apple Stock a Buy, a Sell, or Fairly Valued?]( - [4 Top US Travel Stock Picks]( - [Best Innovative Companies to Own: 2024 Edition]( Did a friend forward this email? You can [sign up for free here](. ADVERTISEMENT [media]( [media] [10 Best Blue-Chip Stocks to Buy for the Long Term]( [10 Best Blue-Chip Stocks to Buy for the Long Term]( The stocks of these high-quality companies with large market capitalizations look undervalued today. Margaret Giles [Read More]( Share: [facebook]( [twitter]( [linkedin]( [Which Stocks Have Driven the Stealth Large-Value Rally?]( [Which Stocks Have Driven the Stealth Large-Value Rally?]( Berkshire Hathaway leads the way, along with JPMorgan and Walmart. Leah Breakstone [10 Best Cheap Stocks to Buy Under $10]( [10 Best Cheap Stocks to Buy Under $10]( The undervalued stocks of these companies with economic moats trade for less than a ten-spot. Susan Dziubinski [4 Cheap Mining Stocks]( [4 Cheap Mining Stocks]( High interest rates, low demand in China, environmental concerns, and rising inventories have affected the industry. Leah Breakstone [3 High Dividend Stocks to Buy Before They Become Too Expensive]( [3 High Dividend Stocks to Buy Before They Become Too Expensive]( Income investors can still pick up big yields at undervalued prices. Susan Dziubinski [CrowdStrike: We Don’t Share Market’s View, Firm Remains High-Quality]( [CrowdStrike: We Don’t Share Market’s View, Firm Remains High-Quality]( We now view CrowdStrike’s stock as marginally undervalued. Malik Ahmed Khan [CrowdStrike Selloff a Buying Opportunity After Outage]( [CrowdStrike Selloff a Buying Opportunity After Outage]( Despite credible response to global tech outage, CrowdStrike stock slides. Malik Ahmed Khan [Going Into Earnings, Is Meta a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Meta a Buy, a Sell, or Fairly Valued?]( Watching ad demand, AI monetization, and platform usage. Michael Hodel [Going Into Earnings, Is Amazon Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Amazon Stock a Buy, a Sell, or Fairly Valued?]( Watching AWS, advertising, and generative AI, here’s what we think of Amazon’s stock. Dan Romanoff [Going Into Earnings, Is Albemarle Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Albemarle Stock a Buy, a Sell, or Fairly Valued?]( We’re watching lithium prices and volume, along with capital spending plans. Seth Goldstein [Going Into Earnings, Is Apple Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Apple Stock a Buy, a Sell, or Fairly Valued?]( Watching iPhone revenue, gross margins, and services growth. William Kerwin [After Earnings, Is JPMorgan Chase Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is JPMorgan Chase Stock a Buy, a Sell, or Fairly Valued?]( The company is still highly profitable, but Fed rate cuts could dampen its outlook. Suryansh Sharma [After Earnings, Is Netflix Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Netflix Stock a Buy, a Sell, or Fairly Valued?]( With revenue growth, increased operating margins, but a high valuation, here’s what we think of Netflix stock. Matthew Dolgin [After Earnings, Is Charles Schwab Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Charles Schwab Stock a Buy, a Sell, or Fairly Valued?]( With disappointing Q2 revenue and increased high-cost funding sources, here’s what we think of Schwab stock. Michael Wong [4 Top US Travel Stock Picks]( [4 Top US Travel Stock Picks]( With opportunities in the travel industry, Carnival and Norwegian are among the most attractive names. Oratile Matome [3 Top Cybersecurity Stock Picks for Long-Term Investors]( [3 Top Cybersecurity Stock Picks for Long-Term Investors]( Data breaches shine a spotlight on the industry and create investing opportunities. Vikram Barhat [Best Innovative Companies to Own: 2024 Edition]( [Best Innovative Companies to Own: 2024 Edition]( These companies are expected to benefit from disruptive technologies. Margaret Giles [10 Stocks to Watch From the Best International Fund Managers]( [10 Stocks to Watch From the Best International Fund Managers]( Managers of highly rated international-stock funds own these names, but are these stocks to buy today? Susan Dziubinski [19 Best Healthcare Companies to Invest In]( [19 Best Healthcare Companies to Invest In]( These companies largely earn their competitive advantage from intangible assets, and their stocks are great choices for an investor’s watchlist. Emelia Fredlick, Benjamin Slupecki Get Top Stock Picks and Market Insights Every Week on The Morning Filter. Every Monday morning, Susan Dziubinski sits down with Morningstar Chief U.S. markets strategist Dave Sekera to discuss what's on his radar, new Morningstar research, and stock picks or pans for the week ahead. [Watch Now.](morningstar/streams?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=56316) Thanks for reading! Stay connected: [twitter]( [facebook]( [linkedin]( [instagram]( [YouTube]( [Apple News]( [View online]( | [See all newsletters]( | [Share your feedback]( [Unsubscribe]( from this newsletter. Or update your [email preferences](. © 2024 Morningstar, Inc. All Rights Reserved. 22 W. Washington St. Chicago, IL 60602