Blue chip stocks? (2024)

Blue chip stocks?

Blue chip stocks are the stocks of dependable, profitable companies that have stood the test of time. Investing in high-quality blue chip companies can be a way to strengthen your stock portfolio. Apple, Berkshire Hathaway, Coca-Cola, Johnson & Johnson, and American Express stand out as top blue chip stocks.

What is considered a blue-chip stock?

Blue chip stocks are the stocks of dependable, profitable companies that have stood the test of time. Investing in high-quality blue chip companies can be a way to strengthen your stock portfolio. Apple, Berkshire Hathaway, Coca-Cola, Johnson & Johnson, and American Express stand out as top blue chip stocks.

What are the best blue-chip stocks right now?

The Best Blue Chip Stocks of January 2024
Stock (ticker)Market Capitalization
JP Morgan Chase & Co. (JPM)$496 billion
Walmart Inc. (WMT)$425 billion
Johnson & Johnson (JNJ)$387 billion
Procter & Gamble Co. (PG)$350 billion
6 more rows
5 days ago

Is Costco a blue-chip stock?

By investing in blue-chip stocks, investors can build a well-diversified portfolio. Here, we have identified three stocks from the Retail - Wholesale sector — Walmart Inc. WMT, The Home Depot, Inc. HD and Costco Wholesale Corporation COST.

What is bluechip company?

A blue chip is a nationally or internationally recognized, well-established, and financially sound company that is publicly traded. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies have reputable brands that have been built and maintained over many years.

Which stocks will boom in 2024?

10 Best Growth Stocks to Buy Now
StockImplied upside over Jan. 17 close
Alphabet Inc. (ticker: GOOGL)10%
Amazon.com Inc. (AMZN)18.6%
Nvidia Corp. (NVDA)7%
Meta Platforms Inc. (META)5.9%
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What are 5 good stocks?

Best stocks by one-year performance
TickerCompanyPerformance (Year)
ANETArista Networks Inc115.38%
UBERUber Technologies Inc113.06%
PHMPulteGroup Inc104.14%
FICOFair Isaac Corp.96.93%
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How risky are blue-chip stocks?

Blue chip stocks are usually less risky and thus considered safer than other stock-based investment options. That's because one of the major determining factors of a blue chip stock is that it must be a well-capitalized company, meaning it should have the financial fortitude to endure an inevitable economic downturn.

What stock will grow the most in 2023?

Best-Performing Growth Stocks in 2023
  • ACM Research, Inc. (NASDAQ:ACMR) ...
  • Rover Group, Inc. (NASDAQ:ROVR) ...
  • FTAI Aviation Ltd. (NASDAQ:FTAI) ...
  • Applied Digital Corporation (NASDAQ:APLD) YTD Performance Through November 13: +154.89% ...
  • Talkspace, Inc. (NASDAQ:TALK) ...
  • Oscar Health, Inc. (NYSE:OSCR) ...
  • Duolingo, Inc. (NASDAQ:DUOL)
Nov 16, 2023

What stocks lost the most in 2023?

SolarEdge, Plug Power, Moderna, and Pfizer are among the year's biggest losing stocks. Overall, 2023 was a great year for stocks, as the markets rallied to near-record highs in late December.

Should I invest in blue-chip stocks?

Price stability, strong financial health and long-established track records make blue chip stocks attractive for most investors. These stocks belong to well-established, large-cap companies with a consistent performance history, making them a safer investment option.

Is Coca-Cola a blue-chip stock?

Coca-Cola (NYSE: KO) is one of the quintessential blue-chip stocks. You'd be hard-pressed to find another product of any type that compares to the brand recognition of its flagship soda, and it's paid off for the company through the years.

Is Walmart blue-chip?

What do IBM, Walmart, JPMorgan Chase, and DuPont have in common? Although they are in different sectors, they are all known as blue chip companies. Blue chip companies are the mature firms that represent the stalwarts of an industry.

Which blue-chip stocks are down the most?

Blue Chip* Top Losers of Indian Stocks
NameSymbol% Loss
Bajaj FinanceBAJFINANCE-10.37
Zee Entertainment Enterprises Ltd.ZEEL-8.51
Bajaj Finserv Ltd.BAJAJFINSV-6.82
Godrej Consumer Products Ltd.GODREJCP-6.41
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Is McDonald's a blue-chip stock?

Investors should consider these Blue Chip stocks, which are always a good bet before years end. McDonald's (MCD): McDonald's is entering a period of growth that makes it even more intriguing. Broadcom (AVGO): AVGO will be a strong secular performer through 2024.

Is A Tesla a blue-chip?

Tesla (NASDAQ:TSLA) stock was in a comeback mode last year with a rally of over 100%. I believe TSLA will be among the hottest blue-chips this year. It's worth noting that in July 2023, the stock touched highs of $300. This has been followed by some correction and consolidation, and TSLA stock trades at $250.

What are top 10 stocks to buy?

10 Best Shares to Buy Today for Long-Term
  • Reliance Industries Limited (RIL)
  • HDFC Bank Limited.
  • Infosys Limited.
  • Titan Company Limited.
  • Larsen and Toubro Limited.
  • Asian Paints Limited.
  • TCS (Tata Consultancy Services) Limited.
  • Bajaj Finance Limited.
5 days ago

What are the best US stocks to buy now?

(NYSE:TDOC) ranks as one of the best affordable stocks to invest in.
  • Palantir Technologies Inc. (NYSE:PLTR) ...
  • The Kraft Heinz Company (NASDAQ:KHC) Share Price as of January 19: $37.25. ...
  • The Kroger Co. (NYSE:KR) ...
  • Ford Motor Company (NYSE:F) ...
  • Hewlett Packard Enterprise Company (NYSE:HPE) ...
  • Devon Energy Corporation (NYSE:DVN)
1 day ago

What are the top 10 stocks to buy for long term?

best long term stocks
S.No.NameProfit growth %
1.Ksolves India44.48
2.Waaree Renewab.113.26
3.Lloyds Metals62.48
4.Anand Rathi Wea.31.50
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What is a good $1 stock?

Best Penny Stocks Under $1 to Buy in January 2024
  • E-Home Household Service Holdings Ltd [NASDAQ: EJH]
  • Eightco Holdings Inc. [NASDAQ: OCTO]
  • Li-Cycle Holdings Corp. [NYSE: LICY]
  • 23andMe Holding Co. [NASDAQ: ME]
  • Better Therapeutics Inc. [NASDAQ: BTTX]

Is Walmart a good stock to buy?

The highest analyst price target is $200.00 ,the lowest forecast is $163.00. The average price target represents 10.70% Increase from the current price of $162.38. What do analysts say about Walmart? Walmart's analyst rating consensus is a Strong Buy.

Is Costco a good stock to buy?

Strong financial performance

It's not a surprise that Costco has made for a great investment due to the company's impressive financial performance. Between fiscal 2013 and fiscal 2023, net revenue increased at a compound annual rate of 8.7%. Growth has been remarkably consistent and steady.

Which US stocks to buy for long term?

7 of the Best Long-Term Stocks to Buy
StockSectorMarket Cap
Johnson & Johnson (JNJ)Health care$374 billion
JPMorgan Chase & Co. (JPM)Financial$484 billion
Prologis Inc. (PLD)Real estate$122 billion
Verizon Communications Inc. (VZ)Communication services$157 billion
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Why is Apple a blue-chip stock?

Is Apple a blue-chip stock? Yes, Apple is a blue-chip stock. It is one of the world's largest and most well-known companies, offering reliable returns and dividend yields. As a leader in the tech industry, investing in Apple can provide you with a high level of stability.

Why would someone not want to invest in blue-chip stocks?

Limited Growth Potential

Since blue-chip stocks are large-cap companies, the amount of volatility tends to be lower than a portfolio of smaller businesses with less of a track record.

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