© Reuters. Top 3 blue-chip stocks should be bought in April
If investors are looking for great long-term growth stocks, they cannot do much better than blue chip stocks. These stocks have an excellent long track record and offer long term growth potential. That’s why David Cohne recommends Salesforce.com (CRM), Alphabet (NASDAQ 🙂 and Adobe (NASDAQ :). Blue-chip stocks are large companies known for their outstanding reputations. These stocks have a proven track record and a history of solid returns over the long term.
Historically, these types of stocks will be companies with decades of dominance in their respective industries. However, as our economies go through digital transformation, a blue-chip could also be younger tech stocks with disruptive business models.
Although blue-chips did not escape the market downturn, they have shown a history of weathering storms and bouncing back immediately. That’s why they are so attractive to investors and why I recommend the following three top companies: Salesforce.com Inc (NYSE :), Alphabet Inc. (GOOGL) and Adobe Inc. (ADBE).
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