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Got $500? 3 Blue Chip Dividend Stocks to Buy and Hold Forever
The Motley Foolยท2025-07-30 08:20

Core Investment Insights - Great investing often involves holding onto exceptional companies known as blue-chip stocks, which can be challenging to identify in a competitive corporate landscape [1] - Focusing on evergreen industries, such as healthcare, can help in finding reliable investment opportunities [2] Company Summaries AbbVie - AbbVie is a leading biopharmaceutical company with a diverse portfolio addressing over 75 medical conditions, focusing on immunology, neuroscience, oncology, aesthetics, and eye care [4] - The company has successfully replaced its former blockbuster drug, Humira, with new products like Rinvoq and Skyrizi, demonstrating its capacity for innovation [5] - AbbVie is recognized as a Dividend King, having raised its dividend for 53 consecutive years, indicating sustained business growth and strong total investment returns [6] Bristol Myers Squibb - Bristol Myers Squibb is a global biopharmaceutical company with a long history, specializing in oncology, cardiovascular, immunology, neuroscience, and hematology [7] - The company has invested approximately $100 billion in acquisitions to prepare for the loss of patent protection on several top-selling drugs [8] - Analysts project low-single-digit earnings growth in the short to medium term, but the company offers a safe dividend yield of 5.1%, which has been increased for 18 consecutive years [9] Danaher - Danaher is a global leader in life sciences, operating across biotechnology, diagnostics, and life sciences, with over 80% of its revenue coming from recurring sales [10] - The company employs a continuous improvement model known as the Danaher Business System, which has enhanced profit margins and cash flow over time [11] - Danaher has raised its dividend for 10 consecutive years, with analysts estimating annual earnings growth of 9% to 10%, positioning it for solid capital gains and rising dividends [12]