Blue chips are popular among investors, especially those closer to retirement or more risk-averse investors, because of their reliability. That doesn’t mean they are immune to market downturns, but it does mean they’ve shown a history of weathering these storms and bouncing back.
Blue chip stocks are the stocks of well-known industry leaders with high-quality businesses. Blue chip companies have solid business models and impressive track records of returns for investors. These returns often include regular and growing dividend payments.
Thus, investors could consider buying the following three fundamentally sound blue chip stocks for long-term security. Let’s take a look at the fundamentals of these three blue-chip stock picks.
This post originally appeared at StockNews.com.