In this article, we will be looking at the 10 Best Performing Blue Chip Stocks to Buy.
On April 8, Reuters reported that Wall Street’s main indexes rose to nearly one-month highs after the US and Iran agreed to a two-week ceasefire. The news pushed crude oil prices lower thanks to expectations that energy supplies could start flowing again through the Strait of Hormuz.
This ceasefire announcement came just hours before US President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz. A senior Iranian official also suggested that the route could reopen within this week, ahead of peace talks, if both sides agree on a framework for the ceasefire.
Despite this, there are still concerns as fighting is still ongoing in parts of the region, including attacks on Lebanon and the neighboring countries of Iran. Global markets, which had been unstable due to mixed signals in recent weeks, reacted positively. Stock markets in Asia and Europe moved higher and crude prices dropped below $100 per barrel.
Robert Edwards, chief investment officer at Edwards Asset Management, said:
“Even though there is still uncertainty over how durable this ceasefire is, stocks can move higher even without all of the details ironed out… just the scent of thawing tensions is enough.”
With this background in mind, let’s take a look at the 10 best-performing blue chip stocks to buy.
Stocks
Our Methodology
To compile our list of the 10 best-performing blue chip stocks to buy, we reviewed financial media reports and holdings of blue-chip ETFs to compile a list of blue chip stocks. Next, we looked for stocks that have gained the most over the past 6 months. Finally, we ranked the 10 best-performing blue chip stocks to buy based on their 6-month performance as of April 6, 2026. These stocks are also popular among elite hedge funds.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Best Performing Blue Chip Stocks to Buy
10. Herbalife Ltd. (NYSE:HLF)
6-Month Performance: 58.02%
Herbalife Ltd. (NYSE:HLF) is one of the best-performing blue chip stocks to buy. On March 26, Herbalife Ltd. (NYSE:HLF) announced that it has agreed to acquire certain assets from Bioniq, a UK-based company that specializes in personalized supplements.
This agreement supports Herbalife Ltd.’s (NYSE:HLF) goal of becoming a tech-enabled, data-driven health and wellness platform. Bioniq creates personalized supplement formulations using its patented product personalization engine, along with an individual’s health information and a proprietary database of biomarkers. Its products are designed for a wide range of people, from everyday users to top athletes, including Cristiano Ronaldo.
This acquisition will build on Herbalife Ltd.’s (NYSE:HLF) earlier acquisitions of Pro2col and Link BioSciences. By adding Bioniq’s capabilities, the company will be able to expand its range of personalized nutritional supplements across different delivery formats. Herbalife Ltd. (NYSE:HLF) also expects that combining Bioniq’s offering with its own global manufacturing expertise will help it grow personalized nutrition at scale and speed.
According to the report by Herbalife Ltd. (NYSE:HLF), this transaction is expected to be completed in the second quarter of 2026.
Herbalife Ltd. (NYSE:HLF) is a premier health and wellness company that offers high-quality, science-backed nutrition products, which are available exclusively through its educated and trained independent distributors.
9. Corning Incorporated (NYSE:GLW)
6-Month Performance: 73.33%
Corning Incorporated (NYSE:GLW) is one of the best-performing blue chip stocks to buy. On April 2, Mizuho lifted its price target on Corning Incorporated (NYSE:GLW) from $145 to $155 and maintained its Outperform rating on the stock.
As part of a March quarter preview, the research firm adjusted price targets for chemicals and packaging stocks. Mizuho pointed out that 5% of global polyethylene demand may need to be reduced to match the lower supply coming from the Middle East. According to the research note, this situation could benefit some supplies because of higher prices, while others may face challenges due to shortages.
Earlier, on March 23, BofA Securities also raised its price target on Corning Incorporated (NYSE:GLW) from $144 to $155 and kept its Buy rating on the stock.
The research firm said it is increasing its price targets on a higher multiple to reflect greater confidence in the optical cycle playing out, along with expectations of higher content per GPU in scale out.
Corning Incorporated (NYSE:GLW) is a global materials science company that develops and manufactures advanced glass, ceramics, and optical products. It serves several markets, including optical communications, mobile consumer electronics, display, automotive, solar, semiconductors, and life sciences.
8. ATI Inc. (NYSE:ATI)
6-Month Performance: 75.25%
ATI Inc. (NYSE:ATI) is one of the best-performing blue chip stocks to buy. On April 1, Wells Fargo analyst David Strauss initiated coverage of ATI Inc. (NYSE:ATI), giving the stock an Overweight rating and setting the price target at $175 for the stock.
The research firm believes ATI Inc. (NYSE:ATI) could surpass expectations, supported by growing market share and higher pricing from long-term contracts being repriced at stronger rates. The analyst noted that although the stock is trading at a premium compared to its historical levels, it is still trading at a “discount to the aero group average, as well as its most comparable peers.”
Earlier, on March 25, KeyBanc analyst Samuel McKinney also assumed coverage of ATI Inc. (NYSE:ATI) with a price target of $140 and an Overweight rating for the stock.
The research firm updated its 2026 outlook for US carbon steel companies after recent due diligence and its first-quarter “Sheet on the Street” survey. KeyBanc’s estimate changes for the first quarter and full year 2026 were mixed. However, the firm maintained its view that the sector’s profitability will improve nicely compared to last year because of better pricing and spreads.
ATI Inc. (NYSE:ATI) is an American producer of high-performance materials and solutions for the specialty energy, aerospace, and defense markets.
7. Seagate Technology Holdings plc (NASDAQ:STX)
6-Month Performance: 76.82%
Seagate Technology Holdings plc (NASDAQ:STX) is one of the best-performing blue chip stocks to buy. On April 6, Morgan Stanley increased its price target on Seagate Technology Holdings plc (NASDAQ:STX) from $468 to $582 and maintained an Overweight rating on the stock.
According to analyst Erik Woodring, Morgan Stanley’s recent checks show that demand for hard disk drives is still strengthening. The research firm’s supply and demand tracker now suggests that shortages could continue through 2028.
Morgan Stanley also noted that the price per terabyte is significantly stronger than earlier expectations. This had led the firm to improve its forecasts for profit margins and earnings per share, putting them further above current market expectations. Morgan Stanley raised its estimates for Seagate Technology Holdings plc (NASDAQ:STX) and added the stock to its Top Pick list.
Seagate Technology Holdings plc (NASDAQ:STX) is a data storage and technology company that offers a portfolio of advanced storage solutions to hyperscale cloud providers, enterprises, and consumers.
6. Micron Technology, Inc. (NASDAQ:MU)
6-Month Performance: 91.79%
Micron Technology, Inc. (NASDAQ:MU) is one of the best-performing blue chip stocks to buy. On April 7, analysts at BofA Securities said that the global push for AI infrastructure is moving into a more stable phase. The research firm pointed out that annual capital investment in this area is expected to nearly triple to $1.4 trillion by 2030.
According to BofA Securities, a steady “capex intensity” of 25% to 30% is expected as hyperscalers and sovereign entities invest in upgrading traditional IT systems to handle AI workloads. The research firm believes that Micron Technology, Inc. (NASDAQ:MU) is well-positioned in the memory subsector, especially in High Bandwidth Memory (HBM), which is essential for modern AI chips.
Analysts at BofA Securities pointed out that while Micron Technology, Inc. (NASDAQ:MU) has faced concerns about reaching “peak margin,” it is currently trading at the low end of its historical price-to-earnings range. At the same time, Micron Technology, Inc. (NASDAQ:MU) is expanding its capacity aggressively and plans to invest over $25 billion in fiscal 2026. The company’s HBM supply is already reported to be sold out through 2026.
Micron Technology, Inc. (NASDAQ:MU) is a leading semiconductor technology company that is known for its innovative memory and storage solutions. The company offers a portfolio of high-performance DRAM, NAND, and NOR memory and storage products.
While we acknowledge the potential of MU 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 MU and that has 100x upside potential, check out our report about the cheapest AI stock.
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