Top 3 Blue Chip Stocks to Consider After Market Decline Featuring Microsoft (MSFT)

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Core Stock Insights

Three appealing blue chip stocks include Microsoft, Becton, Dickinson, and Clorox, each strategically positioned amid market fluctuations. Microsoft (NASDAQ: MSFT) boasts a market value of over $3 trillion, with average annual gains of 21% over the past 15 years, despite a recent price drop of about 12%. It also pays a growing dividend, recently yielding 0.9%.

Becton, Dickinson (NYSE: BDX), a leader in medical supplies, reported that it manufactures over 34 billion devices annually. The company has a solid 2.8% dividend yield and a forward P/E ratio of 11.7, making it well-priced compared to its five-year average. Clorox (NYSE: CLX) offers a high dividend yield of 5.1% and is priced attractively with a forward P/E ratio of 13, but it faces challenges from rising oil costs.

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