Brokers name 2 ASX blue chips to buy

If you’re wanting to add a few blue chip shares to your portfolio this month, then you might want to check out the ones listed below.

Here’s why these ASX blue chip shares are highly rated:

Cochlear is one of the world’s leading implantable hearing device manufacturers. Thanks to its portfolio of high quality devices and its high level of investment in research and development, Cochlear has been growing its sales and earnings at a consistently solid rate over the last decade.

The good news is that with populations around the world getting older, its target demographic is expanding each year. This, and the industry’s high barriers to entry, bode well for its growth over the next decade or two.

One broker that is positive on…