A lot of great blue-chip stocks are on sale right now. Several American names that have long track records of out-performance are down this year and presenting attractive entry points to investors.
Best of all, many of these blue-chip stocks are of quality companies that have continued to produce strong financial results and whose share prices are down because of issues beyond their control, many of which look to be temporary.
Now is a great time to bet on some well-known blue-chip stocks that look to be getting up off the mat after being knocked down over the last 12 to 18 months.
Here are seven blue-chip stocks primed for a breakout.
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