10 Best Blue Chip Stocks to Buy for 2026

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1. Sanofi (NASDAQ:SNY)

Upside Potential: 64.98%

Number of Hedge Fund Holders: 32

Sanofi (NASDAQ:SNY) is one of the best blue-chip stocks to buy for 2026. On January 5, the US Food and Drug Administration announced the approval of Sanofi SA (NASDAQ:SNY)’s Cablivi. The approval covers the use of the injection to treat pediatric patients 12 years of age and older with acquired thrombotic thrombocytopenic purpura (aTTP).

The injection was first approved in 2019 for the treatment of adults with thrombotic thrombocytopenic purpura (aTTP). It stands out in its ability to target rare blood disorders that affect 1 to 10 million children annually. It was approved after studies showed that 80% of patients achieved clinical remission, defined as a normal platelet count.

Following Cablivi approval in the US, Sanofi has been given the green light to launch plozasiran in China. China’s National Medical Products Administration (NMPA) has approved plozasiran) for reducing triglyceride levels in adult patients with familial chylomicronemia syndrome (FCS). The company acquired rights to the drug from Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR)’s subsidiary, Visirna, and is poised to pay a $10 million milestone payment.

Plozasiran approval in China follows approvals in the US and Canada, while it is under review in various jurisdictions worldwide.

On December 28, Jefferies maintained its Buy rating on Sanofi (NASDAQ:SNY) with a €100 price target. The firm acknowledged investor unease following the FDA’s Complete Response Letter for tolebrutinib, noting it raises “tough questions about management communication” and may weigh on market sentiment.

Sanofi (NASDAQ:SNY) is a global French healthcare company that researches, develops, manufactures, and markets a broad range of pharmaceutical products, including prescription medicines, vaccines, and over-the-counter (OTC) consumer healthcare products.

While we acknowledge the potential of Sanofi (NASDAQ:SNY) to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNY and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Penny Stocks to Buy for 2026 and 10 Best Metal Stocks to Buy Right Now.

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