Is Starbucks a blue-chip stock?
It is easy to spot the blue-chip starlets: Amazon, Apple, Berkshire Hathaway, Coca-Cola, Microsoft, Starbucks, etc. But it is important to know how to dividend invest and to be able to spot the blue chips that stay out of the spotlight.
Adding it all together. No company's journey is always smooth, but Starbucks has been a winning company and stock for decades. Sometimes, these blue chips get boring, and the market loses interest. Shares are trading near their 52-week low, providing potential buyers with a great opportunity.
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.
- Amazon (AMZN) Source: Tada Images / Shutterstock.com. Amazon (NASDAQ:AMZN) delivered earnings that got many investors excited. ...
- Alphabet (GOOG,GOOGL) Source: salarko / Shutterstock.com. ...
- Broadcom (AVGO) Source: Sasima / Shutterstock.com.
FBCG, the Fidelity Blue Chip Growth ETF, was one of those strategies that navigated 2023 ably and could appeal this year, too. FBCG has returned 50.9% over the last year per VettaFi data as of January 23. The strategy charges 59 basis points for its approach, actively investing in large cap U.S. stocks.
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 |
Some examples of blue chip stocks are Coca Cola, Apple, IBM, American Express, McDonalds, DuPont, and American Express.
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.
- List of top 5 Stocks for 2024.
- HDFC Bank Ltd. Company Overview. Key Growth Factors. ...
- Wipro Ltd. Company Overview. Key Growth Factors. ...
- Titan Company Ltd. Company Overview. ...
- Hindustan Unilever Ltd. Company Overview. ...
- IRCTC Ltd. Company Overview. ...
- The Bottom Line.
- 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.
Is Amazon a blue-chip stock?
Amazon joins 29 other 'blue chip' companies in 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.
Stock Name | Ticker | Market Cap |
---|---|---|
Apple, Inc. | AAPL | 2.224 T |
Microsoft Corporation | MSFT | 1.705 T |
Amazon.com Inc. | AMZN | 1.089 T |
Tesla, Inc. | TSLA | 642.330 B |
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, CrowdStrike, Meta Platforms, and Nvidia.
As measured by the S&P 500 Index, the broader market gained 20%. AppLovin Corporation, the top-performing stock of 2023, surged 258%. NovoCure Limited, the lowest-performing stock, plunged 82%.
- Nvidia: 239% -- technology.
- Meta Platforms: 194% -- communications services.
- Royal Caribbean: 162% -- consumer discretionary.
- Builders FirstSource: 157% -- industrials.
- Uber: 149% -- industrials.
Coinbase, Nvidia, Palantir, and other tech names dominate the list of the year's best stocks. Amid a strong stock market rally in 2023, Coinbase COIN performed best among U.S.-listed stocks covered by Morningstar analysts, as the cryptocurrency exchange platform rebounded from a steep downturn in 2022.
S.No. | Name | Payout ratio % |
---|---|---|
1. | Styrenix Perfor. | 99.96 |
2. | Coal India | 53.06 |
3. | HCL Technologies | 87.75 |
4. | Indraprastha Gas | 62.97 |
Name | Price | Analyst Price Target |
---|---|---|
QCOM Qualcomm | $154.91 | $162.80 (5.09% Upside) |
TSM Taiwan Semiconductor Manufacturing | $129.53 | $140.60 (8.55% Upside) |
MRVL Marvell | $67.58 | $72.54 (7.34% Upside) |
QRVO Qorvo | $112.80 | $111.47 (-1.18% Downside) |
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.
- UnitedHealth Group Incorporated (NYSE:UNH) Number of Hedge Fund Holders: 104. Quarterly Revenue Growth: 14.10% ...
- JPMorgan Chase & Co. (NYSE:JPM) Number of Hedge Fund Holders: 109. ...
- Advanced Micro Devices, Inc. (NASDAQ:AMD) ...
- Adobe Inc. (NASDAQ:ADBE) ...
- Salesforce, Inc. (NYSE:CRM)
Is Coca Cola a good stock to buy in 2024?
co*ke is projecting organic sales growth of between 6% and 7% (compared to Pepsi's 4%) for 2024. The company is also expecting earnings gains to outpace revenue growth, likely keeping co*ke's profit margin close to its current impressive rate of nearly 30% of sales.
To benefit from the growth momentum in the market, some of the best stocks to pick up in 2024 include Microsoft Corporation (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN), and Meta Platforms, Inc. (NASDAQ:META).
- ITC Ltd.
- Asian Paints Ltd.
- Sun Pharmaceutical Industries Ltd.
- Avenue Supermarts Ltd.
- Coal India Ltd.
- Varun Beverages Ltd.
- Eicher Motors Ltd.
- Bharat Electronics Ltd.
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.
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.
References
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