Every investor needs a solid foundation of reliable stocks to weather the storms of the market. These are the "blue chips" that have a long history of strong performance and are expected to continue to grow in the future. No matter where you invest, there are a few stocks that should always be in your consideration set.
Apple $Apple(AAPL)$ is a must-have for any investor. The company has a dominant position in the tech industry, with a loyal customer base and a strong track record of innovation. Apple is also a cash cow, generating billions of dollars in profits each year. This allows the company to invest in research and development, return money to shareholders through dividends, and make acquisitions that will fuel future growth.
For Australian investors, BHP $BHP GROUP LTD(BHP.AU)$ is a natural choice. The company is one of the world's largest miners, with a diversified portfolio of assets that includes iron ore, copper, and petroleum. BHP is a major player in the global economy, and its share price is closely tied to the prices of the commodities it produces. This makes BHP a good hedge against inflation and a way to gain exposure to the global economy.
Another great option for Aussie investors is NAB $NATIONAL AUSTRALIA BANK LTD(NAB.AU)$ . National Australia Bank is one of the country's "big four" banks, with a strong track record of profitability and a well-capitalized balance sheet. NAB is a major player in the Australian economy, and its share price is closely tied to the health of the Australian economy. This makes NAB a good way to get exposure to the Australian market.
These are just a few of the many great stocks that should be in your investment toolbox. When choosing stocks, it's important to do your research and understand the risks involved. But with a little care and attention, you can build a portfolio that will help you achieve your long-term financial goals.