Many blue-chip stocks to buy right now tend to walk a very thin line between growth plays for a recovery and stable plays for what could become a choppy market in the short term.
On the growth front, it’s clear that the recovery is continuing in earnest this year; unemployment is now just 6.1%, and the stock market is up another 6% or so even after a 30% run in 2013.
Of course, there are concerns that the housing market has run out of gas and that the relatively high valuation for stocks is signaling at the very least a short-term correction in the market.
So if you’re in the market for blue-chip stocks this summer, you have to be careful not to just chase the big names with big long-term potential as the U.S. economy continues to mend.
You also have to protect yourself against any short-term risks.
If you’re looking for blue-chip stocks to buy, start with this list of seven crash-proof mega-caps with decent dividends and big potential in any stock market environment: