Seeking Blue Chip Stocks for Your Portfolio? Here Are a Magnificent Seven to Consider.
It's common for investors to have their heads turned by hot stocks -- ones that have perhaps doubled or tripled in value in the past year or two -- or the past month. But many of those stocks may be due for a fall, especially if they've been bid up beyond reason by investor enthusiasm. Some of the companies may not even be profitable yet.
It's smart for each of investor to consider stocking their portfolio with some, if not many, solid blue chip stocks. Blue chip stocks aren't guaranteed to be blockbuster performers, but they're generally less risky than their counterparts, and they've often become blue chips by growing huge over many years.
Source Fool.com