Investing in the stock market is an excellent way to build long-term wealth. Blue chip stocks can be a fantastic place to start if you decide to try your hand at stock picking. Investing in these stocks can provide stable, reliable, long-term growth. That's because these companies have strong competitive positions and track records of success.

While these stocks may not offer explosive upside potential, they can be a good source of dividends and investment returns, helping you achieve your goals of building long-term stable wealth. One company with a robust competitive advantage recently raised its dividend for the 51st consecutive year. Only 25 companies in the S&P 500 have achieved a similar feat. Here's why this stock could be an excellent addition to your portfolio.

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Source Fool.com