Best Blue-Chip Stocks to Buy Right Now

2020 has proven to be one of the most challenging and volatile years in stock market history. This year, there are many economic challenges that the world will face. However, there are still companies that could succeed during this volatility. There are several blue-chip stocks to buy right now that could be a great addition to your portfolio.

Johnson and Johnson
Johnson and Johnson (JNJ) has been in business for over 130 years and continues to be a staple of the economy. The company produces a range of consumer products, medical equipment, and pharmaceuticals. With the amount of uncertainty in the healthcare industry, all of these products are bound to be in demand in the future as well.

Netflix (NFLX) has been one of the top technology stocks for the past decade and the trend is bound to continue. This stock has fared very well compare to the market during the recent drop in price. This trend is expected to continue as more people choose to spend time inside, which should increase the subscriber base for the company.

Berkshire Hathaway
During these uncertain times, investing with a seasoned professional is a great option. Through both BRK.A and BRK.B you can invest directly alongside Warren Buffet’s investment fund. Berkshire Hathaway has a proven track record of taking advantage of all market cycles to earn a good return on investment. This was proven following the 2008 recession when the fund earned great returns for investors.

Alibaba (BABA), which is commonly referred to as the Amazon of China, has been a very successful company for years. Investors that started with the company following its IPO a few years ago would be pleased with their investment returns. Going forward, Alibaba will continue to offer a lot of return potential as they offer a wide range of products through their online shipping model. They are also continuing to expand into other markets and product areas as well.