In this article, we discuss 10 Cheap Blue Chip Stocks to Invest in Now.
Blue-chip stocks offer some of the best and most solid investment opportunities, as they are associated with large, well-established, and financially sound companies. The strong brand names stand out for their reputation in generating dependable earnings and returning value to shareholders.
Likewise, blue-chip stocks have played a significant role in the S&P 500’s bounce back and rally to record highs after a 19% slump between mid-February and early April. The rally in overall equity markets came as investors took advantage of deep pullbacks to bet on blue-chip stocks with solid underlying fundamentals and a proven track record of long-term growth.
Valuations remain stretched, with the S&P 500 trading at 24 times this year’s earnings and above the 10-year average price-to-earnings ratio of 20. Nevertheless, Mark Luschini, chief investment strategist at Janney Management, believes there is still room for additional growth with the S&P 500 expected to hit 6,600 in the near term.
“There is still room for the market to continue to advance,” he says. “But techs can’t continue to go up at the pace they have. As a consequence, brace for pullbacks.”
As the Trump administration begins to focus more on fiscal stimulus, such as tax cuts, the stock market outlook remains positive. Likewise, Federal Reserve Chair Jerome Powell’s hint at interest rate cuts continues to strengthen sentiments in the equity markets.
“We are now getting a rally due to less-punitive tariffs,” said Shannon Saccocia, chief investment officer of wealth at Neuberger Berman. “There is a more supportive tax environment, deregulation, and lower interest rates, too. That should mean continued momentum for a broadening-out trade.”
While valuations among blue-chip stocks have gotten out of hand, with many counters trading above historical norms, focus is slowly shifting at stocks trading below their fair value. Cheap blue-chip stocks with a price-to-earnings ratio of less than 15 could offer an easy way to ride the expected bull run.
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Our Methodology
To come up with our list of the cheap blue chip stocks to invest in now, we used Finviz screener and ETFs to scan for blue chip stocks. We focused on stocks with a market cap of more than $50 billion and that were popular among elite hedge funds in the second quarter of 2025. We narrowed our list to cheap blue chip stocks with a forward price to earnings multiple of less than 15 (as of August 31). Finally, we ranked the stocks in descending order based on the price-to-earnings multiple.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Cheap Blue Chip Stocks to Invest in Now
10. Wells Fargo & Company (NYSE:WFC)
Market Cap: $263.26 Billion
Forward Price to Earnings Ratio (P/E): 14.39
Number of Hedge Fund Holders: 75
Wells Fargo & Company (NYSE:WFC) is one of the cheap blue-chip stocks to invest in now. On August 28, the company established a new Medium-Term Note Program, Series Y, and a Subordinated Medium-Term Note Program, Series Z.
The unveiling of the new program is part of the bank’s efforts to optimize its financial operations, providing more flexibility in managing its debt portfolio. The medium-term notes will give the bank tools that enable companies to raise capital over a specified period.
The launch of the Series Y and Z will enable Wells Fargo to attract investors seeking stable returns through fixed-income securities. The introduction of the programs underscores the bank’s efforts to maintain a robust financial foundation while also providing attractive investment opportunities.
Wells Fargo & Company (NYSE:WFC) is a diversified financial services company offering banking, investments, mortgages, and consumer and commercial finance products and services to individuals and businesses. It provides services including checking and savings accounts, home and auto loans, credit cards, investment management, wealth management, and corporate finance through its Consumer Banking and Commercial Banking divisions.
9. Citigroup Inc. (NYSE:C)
Market Cap: $177.78 Billion
Forward Price to Earnings Ratio (P/E): 12.94
Number of Hedge Fund Holders: 102
Citigroup Inc. (NYSE:C) is one of the cheap blue-chip stocks to invest in now. On August 28, the bank’s data analytics and innovation team deployed two client communication assistants for its wealth advisory unit.
AskWealth is a generative artificial intelligence solution designed to provide advisory teams with market insights and research to answer client questions. On the other hand, Advisor Insights is intended to provide a market update dashboard featuring timely messages about market turns, portfolios, and current events.
Citi Wealth’s Data, Analytics & Innovation team expects the two solutions to help clients experience faster and deeper connections. The unveiling of the two solutions highlights how Citigroup is increasingly utilizing artificial intelligence solutions to streamline processes and improve customer experiences.
“These platforms will save hours for our advisors, bankers, and service teams while reinforcing for clients the personal and high-touch experience that is a tradition at our firm,” said Joe Bonanno, head of data, analytics, and innovation at Citi.
Citigroup Inc. (NYSE:C) is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services. Citigroup serves customers globally.
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