3 blue-chip ASX 200 shares I would buy and hold

When I look for blue-chip ASX 200 shares to buy, I am looking for businesses that I believe have clear drivers of growth and the ability to deliver solid returns over time.

Right now, these are three S&P/ASX 200 Index (ASX: XJO) shares I think are top buy-and-hold options for blue-chip investors.

Goodman Group (ASX: GMG)

What I like about Goodman Group is that it never stands still. It consistently positions itself around powerful structural trends.

The company develops and manages high-quality industrial property and data centres in major cities around the world. Demand for logistics facilities remains supported by ecommerce, while the growth of cloud computing and artificial intelligence is driving significant interest in data centre developments.

Goodman’s model allows it to partner with institutional capital, recycle assets, and reinvest in new projects. I like that this flexibility supports long-term growth while helping to manage risk.

Although the shares are not cheap, the company’s global footprint and exposure to long-term infrastructure demand make it a compelling option in the ASX 200.

Qantas Airways Ltd (ASX: QAN)

Qantas offers a different kind of opportunity.

Airlines are inherently cyclical businesses, but Qantas has strengthened its position in recent years through cost discipline, network optimisation, and a strong domestic market share. Travel demand has remained resilient, particularly in premium and international segments.

The company’s loyalty program also provides a valuable earnings stream that is not exposed to fuel prices and short-term travel fluctuations.

While Qantas shares can be volatile, the combination of improved operational focus and strong brand recognition makes it a stock I would consider buying at the right price.

Macquarie Group Ltd (ASX: MQG)

Macquarie is a blue-chip ASX 200 share that offers diversification and global exposure.

Unlike traditional banks, Macquarie operates across asset management, infrastructure, commodities, and advisory services. That mix of businesses helps smooth earnings through different economic conditions.

Macquarie has a long history of adapting its business model, investing in new opportunities, and maintaining balance sheet strength. Its exposure to infrastructure and energy transition themes also provides longer-term growth potential.

For investors seeking exposure to financial services with a global edge, I think Macquarie remains one of the more compelling shares on the ASX 200.

Foolish takeaway

Goodman, Qantas, and Macquarie operate in very different sectors, but each has identifiable drivers that I believe could support performance over time.

For investors looking within the ASX 200, these three shares offer a mix of infrastructure-backed growth, cyclical recovery potential, and diversified financial services exposure.

The post 3 blue-chip ASX 200 shares I would buy and hold appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.