If You Can Only Buy One Blue-Chip Stock in July, It Better Be One of These 3 Names

The Dow Jones Industrial Average hit an all-time high of 40,720.64 on July 15. Despite the new record, the 30 blue-chip stocks that make up the index are only up 8% in 2024, less than half the S&P 500.Gone are the days when investors considered these 30 Dow stocks the best investments you could own for the long haul. Technology certainly has had something to do with the changing of the guard. The same could be said for consumer discretionary stocks. Today’s blue chips are not necessarily the Dow 30. They’re ...