In a market rattled by uncertainty, one thing never goes out of style — quality. And right now, some of the ASX's most dependable blue chip companies are offering long-term investors a compelling mix of resilience, value, and steady growth potential.
These aren't speculative punts or overnight success stories. They're businesses with deep moats, solid balance sheets, and proven track records of delivering through all stages of the cycle.
Here are three of the best ASX 200 blue chip shares I'd be looking at right now.
Brickworks Ltd (ASX: BKW)
The first ASX 200 blue chip share to look at is Brickworks. Often overlooked, it is a diversified blue-chip that delivers far more than just bricks and mortar. The company operates in building materials across Australia and the United States, and also holds a valuable stake in Washington H. Soul Pattinson (ASX: SOL) — giving it exposure to a broad portfolio of listed and unlisted assets.
Its property division is also quiet achiever, generating growing earnings through industrial property developments and joint ventures, particularly with the company below. This combination of cyclical earnings, reliable dividend income, and long-term capital appreciation arguably makes Brickworks one of the most underrated blue chips on the ASX.
Bell Potter is feeling positive about the company's outlook thanks to falling interest rates. As a result, it recently put a buy rating and $32.00 price target on its shares.
Goodman Group (ASX: GMG)
A standout performer in the property sector, Goodman Group is no ordinary real estate stock. The ASX 200 blue chip share develops, owns, and manages high-quality industrial and logistics properties — the kind that power the operations of Amazon (NASDAQ: AMZN), DHL, and Coles Group Ltd (ASX: COL).
With a sharp focus on supply chain transformation, e-commerce infrastructure, and the explosion in AI-related data demands, Goodman is uniquely placed to benefit from global megatrends that are only gaining momentum.
It is for this reason that earlier this month, analysts at Morgans upgraded the company's shares to an add rating with a $35.30 price target.
Woolworths Group Ltd (ASX: WOW)
Finally, when markets turn choppy, defensiveness matters — and few companies on the ASX are more defensive than Woolworths. As one of Australia's leading supermarket operators, it benefits from predictable demand, strong cash flow, and a dominant market position.
While earnings have come under short-term pressure due to rising costs and margin headwinds, Woolworths' long-term investment in digital platforms, supply chain efficiency, and customer loyalty ensures it remains well-placed. And with inflation moderating and cost bases stabilising, margin recovery could become a key theme over the next 12–24 months.
Goldman Sachs thinks it would be a great blue chip ASX 200 share to buy now. The broker has a buy rating and $36.10 price target on its shares.
The post 3 of the best ASX 200 blue chip shares to buy now appeared first on The Motley Fool Australia.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor James Mickleboro has positions in Goodman Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon, Brickworks, Goldman Sachs Group, Goodman Group, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Brickworks, Coles Group, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Amazon and Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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