The mid-term elections are over, but the market volatility will probably continue. The ongoing trade war with China is one issue that has the market seeking direction, there’s the ongoing debate about the future of health care policy, and inflation is peeking its head above the economy and could be an issue for businesses in 2019.
But let’s not be a party pooper. The period right after mid-term elections is typically the best time to invest and there are plenty of market fundamentals (including the continued strength in the job market) that indicate this year will be no different.
However, for investors to get the benefit of this robust economy they need to balance growth with income, and that increases the appeal of blue-chip stocks.
Blue-chip stocks give investors a Goldilocks solution to stock selection. They may not be red-hot stocks, but they’re not overly conservative either. They offer the benefits of growth and the security of income. That combination makes them safe stocks that can provide an anchor for a portfolio during volatile times. Three of the characteristics that define blue-chip stocks are that they are well-known companies, they have a strong record of positive earnings and dividends, and they are widely held by investors.
We’ve put together a list of 10 blue-chip stocks that are a solid anchor for your portfolio at any time.
Click the "Continue to Slide #1" button to view the first company.
