Stock market 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.
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.
Given the positive sentiment and bright outlook, investors should bet on these four fundamentally strong blue-chip stocks, namely American Express Company AXP, Apple Inc. AAPL, International Business Machines Corporation IBM and Microsoft Corporation MSFT.
- Bharat Petroleum Corporation Ltd. ...
- Hero MotoCorp Ltd. ...
- Coal India Ltd. ...
- Bajaj Auto Ltd. ...
- Wipro Ltd. ...
- ITC Ltd. ...
- Adani Ports and Special Economic Zone Ltd. ...
- Dr Reddy's Laboratories Ltd.
Costco Wholesale (NASDAQ:COST) stock continues to be one of the best blue-chip stocks investors can buy and remains the gold standard of the retail sector. In the last 12 months, COST stock has risen 40%, bringing its five-year return to shareholders to 230%.
Company | Ticker | % of S&P 500 gain** |
---|---|---|
Amazon.com | (AMZN) | 8.1% |
Alphabet | (GOOGL) | 6.1% |
Apple | (AAPL) | 3.5% |
Exxon Mobil * | (XOM) | 3.4% |
Are blue-chip stocks high risk? Blue-chip stocks are not high risk, so they're popular among investors with lower risk tolerance. While blue-chip stocks aren't bulletproof, their history of resisting market downturns makes them an appealing choice for many investors.
Blue chips weather economic downturns better than smaller or riskier stocks, offering investors security. Additionally, they often pay regular dividends, providing investors with a steady income stream and making them an attractive choice for those seeking growth potential and stability in their investment portfolios.
Blue Chips as Part of a Larger Portfolio
While blue chip stocks are appropriate for use as core holdings within a larger portfolio, they generally shouldn't be the entire portfolio. A diversified portfolio usually contains some allocation to bonds and cash.
Investors also appreciate the dividends blue-chip stocks typically pay. Dividends are especially attractive if you're investing for income, as many investors do in retirement. Blue-chip stocks tend to pay reliable, growing dividends.
Which blue chip stocks have fallen the most?
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 |
In the investment world, a blue chip company is well-known, well-established, and well-capitalized. Such a company is considered to be a leading company in its sector and produces dominant goods or services.
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. It's only up by 6.92% year-to-date but has gained a more impressive 64.74% over the past five years.
The Home Depot, Inc. is a strong blue-chip stock with a storied history that is a great candidate for long-term compounding. Home Depot's upcoming Q3 earnings report is important, as the housing market weakness may appear, but economic strength may lead to the firm beating estimates.
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.
With the threat of a recession receding, many stocks saw gains in the past few months. One of these worth taking a look at is blue-chip company Coca-Cola (NYSE: KO).
- Nvidia: 239% -- technology.
- Meta Platforms: 194% -- communications services.
- Royal Caribbean: 162% -- consumer discretionary.
- Builders FirstSource: 157% -- industrials.
- Uber: 149% -- industrials.
Of the 46 recommendations that derive the current ABR, 42 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 91.3% and 6.5% of all recommendations. While the ABR calls for buying Amazon, it may not be wise to make an investment decision solely based on this information.
Magnificent Seven Stocks To Buy And Watch: Nvidia Slides, Tesla Rebounds After Plunge. Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains.
Although blue chips are reliably stable, they are unlikely to generate the same high returns as potentially riskier investments. Despite their stability, blue chip stocks can experience volatility and failure, as did some during the 2007-2008 financial crisis.
Is Tesla a blue chip stock?
Tesla (TSLA)
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. Backed by positive business news, I expect a renewed rally.
McDonald's (MCD)
The Golden Arches is about as reliable a blue-chip stock as an investor can hope to find.
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. However, not all companies surged.
PepsiCo, Inc. (NASDAQ:PEP) has consistently ranked among the likes of Costco Wholesale Corporation (NASDAQ:COST), Walmart Inc. (NYSE:WMT), and Berkshire Hathaway Inc. (NYSE:BRK-B) as one of the best safe stocks for long term investors.
Company | Performance (Year) |
---|---|
Broadcom Inc (AVGO) | 115.58% |
Uber Technologies Inc (UBER) | 108.84% |
PulteGroup Inc (PHM) | 100.47% |
Royal Caribbean Group (RCL) | 98.00% |