3 Blue-Chip Stocks to Buy and Hold for a Lifetime of Profits

ASML (ASML)

- Focuses on capacity expansion and technological innovation.

- Significant revenue from EUV systems.

- Q1 2024 gross margin of 51%, with net profits of EUR 1.2 billion.

TSMC (TSM)

- Strong financial performance with a gross margin of 53.1% and ROE of 25.4%.

- Expanding manufacturing footprint in Arizona, Japan, and Europe.

- Robust cash flow, with TWD 436 billion from operations in Q1 2024.

Meta (META)

- Utilizes AI to enhance user experience and ad engagement.

- Q1 2024 revenue of $36.5 billion, a 27% increase from Q1 2023.

- Strong financial position with $58.1 billion in cash and a 38% operating margin.