We recently shared a list of 15 Best Blue Chip Stocks to Buy According to Billionaires. This article will explore NVIDIA Corporation (NASDAQ:NVDA) and see how it compares to other top blue chip stocks recommended by billionaires.
The U.S. stock market is experiencing fluctuations following President Donald Trump’s recent implementation of broad 10% tariffs on all U.S. trading partners, along with increased tariffs on countries demonstrating a trade deficit with the U.S.
Economists and investors suggest that these tariff policies could spark a trade war with American trading partners, leading to even higher inflation. These elements raise the risk of an economic downturn, potentially prompting a rapid market sell-off should a recession occur.
On April 10, CNBC reported a notable increase in stock prices, following a decline over four consecutive days after President Trump announced a suspension of significant portions of his tariff strategy. The White House indicated that Democratic lawmakers were playing partisan games by questioning whether recent stock purchases were influenced by prior knowledge of this tariff pause.
“The effect depends on how narrowly or broadly the tariffs are applied, but generally, tariffs exceeding triple digits would likely halt most trade.”
Erica York, an economist and vice president of federal tax policy at the Tax Foundation, mentioned that the new tariffs on China would elevate the average tariff rates to levels not seen since the 1940s. Amidst the current market volatility, numerous attractive investment opportunities have emerged, leading us to examine the 15 best blue chip stocks recommended by billionaires.
Our analysis of financial media and ETFs allowed us to compile a list of blue chip stocks, focusing on those with a minimum 10% revenue growth rate over five years. We also evaluated the popularity of these stocks among billionaire investors, including founders and managers of prominent hedge funds. Data on hedge fund holders for each stock was sourced from Insider Monkey’s database.
