Blue-chip stocks are established firms that offer revenue and earnings growth. Some of these companies are more mature and don’t go through as much volatility. Other blue-chip stocks can still grow and generate solid long-term returns but may be more prone to a market correction.
These types of stocks are optimal for investors who can buy and hold onto investments for many years instead of a few months. Investors looking for promising blue-chip stocks may want to consider these three picks.
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