5 Blue-Chip Stocks to Buy Despite Dow's Recent Meltdown

U.S. stock markets witnessed an impressive bull run in the last 15 days. The Dow — popularly known as the blue-chip index — rallied 13.7% in 2023 and 5.6% in first-quarter 2024, reflecting its strongest first-quarter performance since 2021. However, in the first four trading days of the second quarter, the index ended in negative, declining 3% month to date.Dow’s Recent Meltdown is TemporaryWe believe that the recent downtrend has provided a good opportunity to buy blue-chip stocks. The Dow, which started i ...