5 Best Blue Chip Stocks That Outperformed in 2022

In this article, we discuss 5 best blue chip stocks that outperformed in 2022. If you want to see more best blue chip stocks that outperformed in 2022, the risk/reward, and methodology of this list, go directly to 12 Best Blue Chip Stocks That Outperformed in 2022.

5. Chevron Corporation (NYSE:CVX)

Year to Date Return as of December 13: 45.51%

Number of Hedge Fund Holders: 66

Chevron Corporation (NYSE:CVX) is the best performing Dow Jones Industrial Average stock in 2022 given its year to date surge of 45.51%. Chevron Corporation (NYSE:CVX) has outperformed the market given higher oil and gas prices as a result of the Russian Ukraine war. If there is a recession next year, however, oil demand might not be as strong as expected. If oil and gas prices go lower, Chevron Corporation (NYSE:CVX) stock might be riskier than some other stocks on this list.

66 hedge funds in our database owned shares in Chevron Corporation (NYSE:CVX) at the end of the third quarter.