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Practical Advice from

7 Future Blue-Chip Stocks You Need to Buy

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Over the years, I’ve had my share of investing ups and downs. In that time, I’ve come to learn that I’m good at one kind of investing: finding future blue-chip stocks.

So what exactly am I looking for in these future blue-chip stocks to buy? I want stocks with a history of strong earnings, revenue and dividend growth.

Simply put, I have seen the incredible gains in stocks like Wal-Mart Stores Inc. (WMT) and McDonald’s Corporation (MCD) when compounded over 30-plus years. Yes, I realize buying some of the stocks on our list today will not provide the outsize rewards that Walmart and McDonald’s have. But I would rather sacrifice some of that upside in favor of stocks with a proven track record, consistent business and promising future.

These blue-chip stocks include some names you probably know, and some you don’t. Most of them already boast strong business growth, but what we want to see from here is a management focus on growing the dividend. Eventually, you can expect these stocks to provide significant income in addition to at least modest growth in the future.

I will be the first to admit, these future blue-chip stocks are not cheap, especially after the post-election rally. But premium stocks come with a premium valuation. That’s why you can’t buy blindly. My suggestion? Write each of these stocks down, then wait for the broader market pullback that is more than due after such a rip-roaring run. Then, monitor each one for a 10% to 20% retreat from current prices, and when that happens … buy!

Without further ado, here’s a look at seven future blue-chip stocks to buy.

Prices and data are from the original InvestorPlace story published on March 9, 2017. Click on ticker-symbol links in each slide for current prices and more.

SEE ALSO FROM KIPLINGER: 11 Dow Stocks Owned by Warren Buffett

This slide show is from InvestorPlace, not the Kiplinger editorial staff.

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