The 3 Best Blue-Chip Stocks to Buy Now
Keep in mind that many blue-chip stocks have a long history of dividend growth and are less volatile than many of the other high-flying sectors in the…
This story originally appeared on MarketBeat
While many investors are focused on the rapid moves we are witnessing in growth stocks lately, there’s always a place for strong blue-chip stocks in a portfolio. These are some of the biggest companies in the world that are often viewed as a stable and secure place to park long-term capital given their established business models and history of strong earnings. With the Dow Jones Industrial Average taking a backseat to other indices over the last few weeks, now might be a great time to take a look at some of the best blue-chip stocks that have pulled back or are consolidating.
These stocks might not be the most exciting names, but what is compelling about them is the long-term alpha they can provide to accounts. Keep in mind that many blue-chip stocks have a long history of dividend growth and are less volatile than many of the other high-flying sectors in the market, which are both very attractive qualities. Let’s take a further look at the 3 best blue-chip stocks to buy now.
Raytheon Technologies (NYSE:RTX)
aerospace & defenseHome Depot (NYSE:HD)
Home DepotDanaher (NYSE:DHR)
healthcareFeatured Article: Trading Halts Explained
While many investors are focused on the rapid moves we are witnessing in growth stocks lately, there’s always a place for strong blue-chip stocks in a portfolio. These are some of the biggest companies in the world that are often viewed as a stable and secure place to park long-term capital given their established business models and history of strong earnings. With the Dow Jones Industrial Average taking a backseat to other indices over the last few weeks, now might be a great time to take a look at some of the best blue-chip stocks that have pulled back or are consolidating.
These stocks might not be the most exciting names, but what is compelling about them is the long-term alpha they can provide to accounts. Keep in mind that many blue-chip stocks have a long history of dividend growth and are less volatile than many of the other high-flying sectors in the market, which are both very attractive qualities. Let’s take a further look at the 3 best blue-chip stocks to buy now.
Raytheon Technologies (NYSE:RTX)
aerospace & defenseHome Depot (NYSE:HD)
Home DepotDanaher (NYSE:DHR)
healthcareFeatured Article: Trading Halts Explained
