The following video is part of our "Motley Fool Conversations" series, in which Million Dollar Portfolio advisor Dave Meier and analyst John Reeves discuss topics across the investing world.

Blue-chip stocks did well in 2011 and are expected to do well again in 2012. Dave and John talk about some great blue-chip ideas for the current environment. They also talk about reasons why some of these are always attractive long-term recommendations.

John Reeves owns shares of Procter & Gamble. David Meier has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.