Last year was rough for the stock market, but that doesn’t mean that all stocks should be avoided. Many names have fallen sharply over the last 18 months, and that has given investors an opportunity to focus on blue-chip stocks that have excellent, long-term outlooks. These safe stocks have a long history of success and are a relatively safe bet when the market is unpredictable.
While there is no definitive list of the top blue-chip companies, many of the companies below have track records of delivering solid top-and-bottom line results. They are reliable and will enhance your stock portfolio. Given the way that the market is currently performing, investing in a few safe stocks will ensure that you obtain consistent returns while keeping your risk low.
Here are three safe stocks to buy this month and hold for the long term.
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