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Very Safe Blue Chips To Buy During This Bear Market

johnNjohnN
in Other Investing
https://seekingalpha.com/article/4332110-15-safe-blue-chips-to-buy-during-this-bear-market

ry Safe Blue Chips To Buy During This Bear Market
CFR, UMBF, ADM, CAT, GD, PH, CNI, GWW, MDT, SWK, TJX, ROST, CB, ADP and APD


The bear market so many have long feared is here. Stocks didn't just enter a bear market last week, they crashed into one with gusto.
COVID-19 panic, combined with worst oil crash since the Financial Crisis, have combined to create a perfect storm of fear, literally the second highest in 30 years.
However, regardless of when this bear market ends (and it surely will), great companies are always on sale, BUT especially when the market is panicking.
CFR, UMBF, ADM, CAT, GD, PH, CNI, GWW, MDT, SWK, TJX, ROST, CB, ADP and APD are 15 very safe blue chips who have collectively delivered 15% CAGR returns over the last 23 years.
From today's 25% undervaluation they could deliver about 17% CAGR long-term returns. Just don't forget to always use the right asset allocation for your needs, because when the bears roar on Wall Street, almost no stock is spared short-term pain
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