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Historically, these types of stocks would be companies with decades of dominance in their respective industries. However, as our economy goes through a digital transformation, a blue-chip can also be younger tech stocks with disruptive business models.
While blue chips are not immune to market downturns, they’ve shown a history of weathering storms and bouncing right back. That’s why they are so appealing to investors and why I recommend the following three industry leaders: Salesforce.com Inc (NYSE:CRM), Alphabet Inc. (GOOGL), and Adobe Inc. (ADBE).
