5 Most Profitable Blue Chip Stocks to Buy

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In this piece, we will take a look at the 5 most profitable blue chip stocks to buy. If you want to find out the latest in the stock market, then take a look at 12 Most Profitable Blue Chip Stocks to Buy.

5. Exxon Mobil Corporation (NYSE:XOM)

Trailing Twelve Month Net Income: $41.1 billion

Exxon Mobil Corporation (NYSE:XOM) is one of the biggest oil companies in the world. January 2024 is shaping up to be an important month for the firm as it is fighting activist shareholders to legally prevent them from bringing a resolution to vote at its upcoming shareholder meeting.

As of Q3 2023 end, 79 out of the 910 hedge funds profiled by Insider Monkey had held a stake in Exxon Mobil Corporation (NYSE:XOM). Jean-Marie Eveillard’s First Eagle Investment Management was the biggest shareholder due to its $1.5 billion stake.

Follow Exxon Mobil Corp (NYSE:XOM)

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