9 Blue-Chip Stocks to Buy Now

These stable, growing companies are probably as cheap as they will ever be. Don’t let the feeble economy keep you from owning them.

No matter how bad the economy gets, people won’t stop drinking Pepsi. They won’t stop nibbling Lay’s. And they won’t stop eating Quaker Oats cereals.

Yet PepsiCo (symbol PEP), which markets those world-class brands and a host of others, trades at 15 times estimated earnings for the next 12 months -- as cheap as it has been for a decade or more.

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Steven Goldberg
Contributing Columnist, Kiplinger.com
Steve has been writing for Kiplinger's for more than 25 years. As an associate editor and then senior associate editor, he covered mutual funds for Kiplinger's Personal Finance magazine from 1994-2006. He also authored a book, But Which Mutual Funds? In 2006 he joined with Jerry Tweddell, one of his best sources on investing, to form Tweddell Goldberg Investment Management to manage money for individual investors. Steve continues to write a regular column for Kiplinger.com and enjoys hearing investing questions from readers. You can contact Steve at 301.650.6567 or sgoldberg@kiplinger.com.