Major indices finish lower amid GE earnings disappointment >>> READ MORE

Top 5 Blue-Chip Stocks to Buy

Retail and health care are two great sectors to play right now

    View All  

number 5 dollar billThere are two big trends that investors should be aware of right now: A resurgence in retail stocks and spending and the stability of the health care sector amid volatility.

On the spending front, back-to-school shopping was only the tip of the iceberg. With the holiday retail season fast approaching, these companies should enjoy tremendous top- and bottom-line growth. As I wrote recently, the upcoming holiday shopping season should provide a big jolt to the economy — and to specialty retailers, tech stocks and others.

As for health care, biotech and pharmaceutical stocks continue to develop incredible cures that save patients and improve their quality of life. While some sleepy Big Pharma stocks continue to face patent expirations, on the other side of the coin are the innovators coming up with new medications — or efficient ways to crank out generic drugs at rock-bottom prices.

These two sectors are your best bet for blue-chip stocks right now. And if you’re looking for specific picks, here are my five favorites:

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC