This blue chip stock has produced a 605% return over the past 20 years, easily beating the stock market. It’s the perfect addition to your portfolio along with my favorite value stock, check it out! https://www.youtube.com/watch?v=l7mRX2LvFss Want to see the stocks I’m buying and holding forever? FREE report showing the biggest positions in my own portfolio! https://mystockmarketbasics.com/motleyfool In this video, I’ll explain blue chip stocks and why now is the best time to add one to your portfolio. I’ll share the four criteria to look for to find the top blue chip stocks and four stocks to watch. Then I’ll reveal the best blue chip stock for investors right now! It's part of our ONE Stock Series! If you could only invest in one stock in different themes, which should it be? We’re going to cover all the strategies here from value to growth, tech stocks and by the end of the series, you’ll have a portfolio of the very BEST stocks to buy! Watch the full playlist of videos here https://www.youtube.com/watch?v=l7mRX2LvFss Want to see the index fund I’m buying for market returns? Check this out! https://www.youtube.com/watch?v=gs4-TVW5vmg Of all the investing themes we’ll cover in our one stock series, blue chips are probably the most misunderstood but also one of the most important for your portfolio right now! Blue chip companies are mega-cap companies worth tens of billions of dollars, the most recognizable brands on earth and with the most established businesses. These are companies with economies of scale that give them profit advantages over competitors and brands everyone knows. 🤑 Get The Weekly Bow-Tie - my FREE weekly email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor! https://mystockmarketbasics.com/dailybowtie This all acts to make these blue chip companies super-resilient in any kind of economy. In fact, we often see these companies build market share as smaller competitors struggle in a recession. It makes right now the perfect time to be adding blue chip stocks to your portfolio and why I wanted to make this video third in our series. Even if the broader market falls and drags the blue chips down with it, they’ll be insulated from the worst of the crash and will help protect your portfolio until stocks head higher. My Investing Recommendations 📈 Check out the stock simulator and Get a FREE share of stock worth up to $1000 when you open a Webull investing account with a $100 deposit! 🤑 https://mystockmarketbasics.com/webull 📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://mystockmarketbasics.com/spreadsheetdiscount ₿ Get up to $250 in free bitcoin when you open an account on BlockFi and earn interest up to 7.5% https://mystockmarketbasics.com/blockfi SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://mystockmarketbasics.com/LetsTalkMoney Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.