2 of the best blue chip ASX shares to buy today

If you’re wanting to construct a balanced portfolio, having a few blue chip ASX shares in there could be a smart move.

This is because blue chips tend to be companies that are well-known, long-established, and have strong financial positions. In other words, they are not going anywhere any time soon and should allow investors to make long term investments that benefit from compounding.

With that in mind, listed below are two ASX blue chip shares that come highly rated:

The first blue chip to look at is Cochlear. It is one of the world’s leading hearing solutions companies and has delivered strong sales and profit growth over the last decade.

The good news is Cochlear appears well-positioned to continue this trend over the next…