Investing in blue chip stocks can be among the best ideas now, so let’s check out Insider Monkey’s latest article about the best blue chip stocks to buy now. According to Insider Monkey’s research, the Federal Reserve keeps interest rates low for an extended period. Therefore, if you are an investor who prefer buy and hold the shares, it’s not the best idea to invest in the traditional 60/40 portfolio. But where to invest if not in long-term bonds?
Well, the first option is dividend stocks. Those who need current income, generally invest in high dividend stocks, while more conservative investors go for dividend growth stocks. The other great option is to invest in large-cap blue chip shares with relatively low risks. As for Blue Chip Stocks they are giant companies with large earnings in the market. They have tested and tried shares, that already proved their values during time. What’s more, blue chip stocks are mature companies with large market caps, and the profits are distributed to shareholders in the form of quarterly payments.
And now, without a further ado, let’s take a look at what Insider Monkey has brought up with. JPMorgan Chase & Co. (NYSE:JPM) is on the fourth spot, with a total value of hedge fund holdings of $6 billion. JPMorgan Chase & Co. is an investment bank and financial services holding company in the United States. It’s the largest financial services company in the world. On the second spot, Visa Inc. (NYSE:V) stands with its jaw-dropping total value of hedge fund holdings of $18 billion. I think there is hardly anybody out there, who hasn’t heard of this company yet. Visa Inc is also a multinational financial services corporation in the United States, operating in global payment technology. Ken Fisher’s Fisher Asset Management is the top hedge fund holder with investing more than $4 billion at the end of September. And which are the other best stocks? You will get to know, if you skip ahead to the entire list of the best blue chip stocks to buy now.