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…

By Sean Sechler Jun 29, 2021

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 & defense

Home Depot (NYSE:HD)

Home Depot

Danaher (NYSE:DHR)

healthcare

Featured 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 & defense

Home Depot (NYSE:HD)

Home Depot

Danaher (NYSE:DHR)

healthcare

Featured Article: Trading Halts Explained

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In

Related Content