RIO News: 3 Blue-Chip Dividend Stocks to Buy That Trade at a P/E of Less than 10 - 26th Apr 2024, 4:12am

[annb0t]

I continue to be optimistic on the upside potential for quality growth stocks. However, for the next few quarters, I am inclined to increase the weight of blue-chip stocks in the portfolio. The key reason is potential delay in rate cuts that can negatively impact equities. While I don’t expect a deep correction, it’s important to preserve capital even if the broad market downside is 5% to 10%. This column focuses on blue-chip dividend stocks trading under 10 P/E.

In simple words, the ...

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