How do you find blue-chip stocks?
To be considered a blue chip, a company must be well-known, well-established, and well-capitalized. Blue chip companies must have been in business long enough to have weathered many different economic situations, showing that they can remain stable and profitable as circ*mstances around them change.
- Market capitalisation. Blue chip stocks will typically display a large market capitalisation. ...
- Financial track record. Look at the company's financials with a magnifying glass. ...
- Market share. ...
- Intrinsic value. ...
- ROE and ROA.
To be considered a blue chip, a company must be well-known, well-established, and well-capitalized. Blue chip companies must have been in business long enough to have weathered many different economic situations, showing that they can remain stable and profitable as circ*mstances around them change.
- Large market capitalization. Market cap is a measure of the size and value of a company. ...
- Growth history. Blue-chips have a reliable, solid history of sustained growth and good future prospects. ...
- Component of a market index. ...
- Dividends.
- The Best Blue Chip Stocks of February 2024.
- Apple Inc (AAPL)
- JP Morgan Chase & Co (JPM)
- Walmart Inc (WMT)
- Johnson & Johnson (JNJ)
- Procter & Gamble Co (PG)
- AbbVie Inc (ABBV)
- Coca-Cola Co (KO)
The e-commerce pioneer is now among the 30 companies that make up the Dow Jones Industrial Average. Amazon.com Inc. is joining the ranks of one of Wall Street's oldest and most exclusive stock indexes: The Dow Jones Industrial Average.
5 Blue-Chip Growth Stocks to Buy for 2024: Alphabet (GOOG)
Walmart (NYSE:WMT) has been in business for over 60 years and is a popular retailer for consumers who want to save money. The company offers the lowest prices which are especially useful with high inflation. Walmart isn't one of those blue-chip stocks that's going to outperform the market.
Apple, Berkshire Hathaway, Coca-Cola, Johnson & Johnson, and American Express are all blue chip stocks with operations primarily based in the U.S. Abbvie, Nike, Lockheed Martin, Honeywell, Northrop Grumman, and Procter & Gamble are additional examples of blue chip companies headquartered in the country.
Company Name | Industry | Market Cap (in Cr) |
---|---|---|
Oil and Natural Gas Corporation Ltd | Oil, Gas & Consumable Fuels | ₹3,17,337 |
Hero MotoCorp Ltd | Automobiles | ₹92,378 |
Tata Consumer Products Ltd | Beverages | ₹1,06,526 |
Adani Ports and Special Economic Zone Ltd | Transportation Infrastructure | ₹2,60,869 |
Is Costco a blue-chip stock?
Prior to the pandemic, Costco (COST 0.90%) and Carnival (CCL 3.84%) were both considered resilient blue chip stocks for long-term investors. Costco's warehouse stores generated steady sales growth through economic downturns, and it locked in its shoppers with sticky subscription plans.
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.
Coca-Cola holds a prominent position as a top blue-chip stock. Firstly, it's an iconic global brand with an extensive distribution network, recognized for its longevity and strong market presence.
S.No | Company Name | 5Y CAGR (%) |
---|---|---|
1 | Adani Green Energy Ltd | 113.10 |
2 | Tanla Platforms Ltd | 99.93 |
3 | Tata Teleservices (Maharashtra) Limited | 87.30 |
4 | Rattanindia Enterprises Ltd | 86.92 |
- Best safe stocks to buy.
- Berkshire Hathaway.
- The Walt Disney Company.
- Vanguard High-Dividend Yield ETF.
- Procter & Gamble.
- Vanguard Real Estate Index Fund.
- Starbucks.
- Apple.
- Coinbase.
- Nvidia.
- DraftKings DKNG.
- Meta Platforms META.
- Palantir Technologies PLTR.
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.
You can buy Tesla stock through a brokerage account. You have to add money to the account and then purchase purchase Tesla stock shares from there. You cannot buy Tesla stock directly from Tesla the company.
Blue-chip stocks typically have solid balance sheets, steady cash flows, proven business models, and a history of increasing dividends. For that reason, investors generally consider blue-chip stocks to be among the most secure stock investments because of their track records and performance history.
The problem is that despite being included in blue chip ETF indexes, companies like Nvidia and Tesla aren't truly blue chip stocks, George Pearkes, an analyst at Bespoke, told CNN. They're much more volatile. Tesla, for example, is down about 23% so far this year.
What are the best US stocks to buy now?
- Intuit Inc. (NASDAQ:INTU) Number of Q4 2023 Hedge Fund Shareholders: 75. ...
- Tesla, Inc. (NASDAQ:TSLA) ...
- Booking Holdings Inc. (NASDAQ:BKNG) ...
- Netflix, Inc. (NASDAQ:NFLX) ...
- Broadcom Inc. (NASDAQ:AVGO) ...
- Micron Technology, Inc. (NASDAQ:MU) ...
- Adobe Inc. (NASDAQ:ADBE) ...
- Apple Inc. (NASDAQ:AAPL)
Symbol | Name | Price (Intraday) |
---|---|---|
NU | Nu Holdings Ltd. | 11.11 |
AAPL | Apple Inc. | 182.84 |
NVDA | NVIDIA Corporation | 790.80 |
HIMS | Hims & Hers Health, Inc. | 13.68 |
Walmart first sold shares to the public in 1970 at $16.50 per share. There have been 11 stock splits, all 2-for-1, so a single share purchased in 1970 would have turned into 2,048 shares. Assuming fractional shares existed in 1970 (many brokers now offer this), a $1,000 investment would have bought 60.606 shares.
Name | Symbol | % Loss |
---|---|---|
Bajaj Finance | BAJFINANCE | -10.37 |
Zee Entertainment Enterprises Ltd. | ZEEL | -8.51 |
Bajaj Finserv Ltd. | BAJAJFINSV | -6.82 |
Godrej Consumer Products Ltd. | GODREJCP | -6.41 |
Amazon has 19.00% upside potential, based on the analysts' average price target. Is AMZN a Buy, Sell or Hold? Amazon has a conensus rating of Strong Buy which is based on 41 buy ratings, 0 hold ratings and 0 sell ratings.
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