Are there still blue-chip stocks? (2024)

Are there still blue-chip stocks?

Fortunately, there are still some great blue-chip stocks that investors can buy with confidence in 2024. Whether or not the current rally holds, these long-term, blue-chip winners are set to keep delivering steady gains for many years to come.

Do blue-chip stocks still exist?

The blue chip stocks' attractive risk-reward profiles make them among the most popular for conservative investors. But even more risk-tolerant investors should consider buying blue chip stocks to diversify their portfolios and provide stability during turbulent stock market conditions.

Should I buy blue-chip stocks?

Blue-chip stocks are from companies that are large, well-established, and financially sound. These companies have strong brand names and reputations, and they generate dependable earnings. Blue-chip companies usually boast consistent dividends and are often considered to be less risky, given their financial stability.

Which blue-chip stocks to buy today?

Performance List of Top 10 Blue Chip Stocks to Invest
CompanyMarket Cap (Rs. cr)TTM EPS
Hindustan Unilever571,000 crores43.95
Coal India240,000 crores45.52
Hero MotoCorp88,792.8 crores162.14
Wipro249,400 crores21.43
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6 days ago

Is Costco a blue-chip stock?

As a small example, Costco Wholesale (NASDAQ:COST) has trended higher by 226% (capital gains) in the last five years. This has led to this list of blue-chip stocks under $20.

What is the safest stock ever?

  • 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.

Which stock will boom in 2024?

Performance List of Multibagger Penny Stocks for 2024
NameBook Value1 Year (%)
J Taparia Projects₹ 18.56345.61%
Rasi Electrodes₹ 9.4552.90%
3P Land Holdings₹ 37.7524.68%
SAL Steel₹ 4.87110.65%
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6 days ago

What is the average return on blue-chip shares?

In general, the average rate of return on blue-chip stocks is around 10%, which is similar to the indices that they are featured on. A good indicator of blue-chip status is if the company is listed on a renowned stock index.

Which blue chip stock has fallen 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 Walmart a blue chip stock?

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.

What are the cheapest blue chip stocks?

13 Cheap Blue Chip Stocks To Buy
  • Amgen Inc. (NASDAQ:AMGN) ...
  • Dow Inc. (NYSE:DOW) ...
  • Cisco Systems, Inc. (NASDAQ:CSCO) ...
  • American Express Company (NYSE:AXP) Forward Price To Earnings Ratio: 12.27. ...
  • Merck & Co., Inc. (NYSE:MRK) ...
  • Caterpillar Inc. (NYSE:CAT) ...
  • Chevron Corporation (NYSE:CVX) ...
  • The Travelers Companies, Inc.
Nov 13, 2023

Is Amazon a blue chip stock?

Amazon (AMZN)

Amazon (NASDAQ:AMZN) is a blue chip stock best-known for its e-commerce Marketplace and its cloud computing business. Those two segments continue to be the primary drivers of the company. Their strength is the primary reason it has become a blue chip stock.

How often do blue chip stocks pay dividends?

They get their nickname from blue poker chips, which tend to be high-value chips in the game. Many blue chip stocks pay dividends every year like clockwork. Some of them, called “Dividend Aristocrats” have not only paid dividends, but have grown their dividends every year without fail for at least 25 consecutive years.

Is Home Depot a blue chip stock?

Home Depot (HD)

Fundamentally, Home Depot (NYSE:HD) ranks among the best blue-chip stocks because of its vast relevancies. No matter the situation, everyone eventually finds themselves needing home repair solutions.

Is McDonald's a blue chip stock?

Blue-Chip Stocks to Buy: McDonald's (MCD)

The Golden Arches is as blue-chip as stocks come. The hamburger and restaurant chain has been a reliable performer for decades, trades at a reasonable 24 times future earnings estimates, and pays a quarterly dividend that yields a strong 2.40%.

What will Costco stock be worth in 10 years?

Long-Term Costco Stock Price Predictions
YearPredictionChange
2027$ 1,200.8266.80%
2028$ 1,424.1097.81%
2029$ 1,688.91134.60%
2030$ 2,002.95178.22%
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Is Walmart a good stock to buy?

Walmart (NYSE:WMT) stock is a strong buy in 2024. The company' incredible pricing power allows them to thrive during periods of high inflation. Walmart's omnichannel strategy and strong growth of their e-commerce business is a promising sign for the future.

What stocks are guaranteed to make money?

10 Awesome Dividend Stocks for Predictable Income
StockImplied upside over Jan. 24 closeForward yield
Procter & Gamble Co. (ticker: PG)15%2.5%
Genuine Parts Co. (GPC)35.5%2.7%
Emerson Electric Co. (EMR)27.12.2%
Cincinnati Financial Corp. (CINF)1.8%2.7%
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Jan 25, 2024

Is Coca-Cola a good stock to buy?

The highest analyst price target is $70.00 ,the lowest forecast is $58.00. The average price target represents 11.92% Increase from the current price of $58.91. What do analysts say about Coca-Cola? Coca-Cola's analyst rating consensus is a Moderate Buy.

Which stock will double in one month?

Stocks with good 1 month returns
S.No.NameROCE3yr avg %
1.Hindustan Zinc44.68
2.I R C T C42.13
3.Lloyds Metals40.92
4.Deepak Nitrite38.02
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What stock is going to skyrocket?

10 Best Growth Stocks to Buy for 2024
StockImplied upside from April 25 close*
Tesla Inc. (TSLA)23.4%
Mastercard Inc. (MA)19%
Salesforce Inc. (CRM)20.8%
Advanced Micro Devices Inc. (AMD)30.1%
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4 days ago

Which stocks will double in 2024?

Strategic Investments: Unveiling the Top 5 Stocks for 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.
Jan 10, 2024

Which blue chip stocks pay dividends?

The S&P 500 Dividend Aristocrats
CompanyTickerSector
ChevronCVXEnergy
Cardinal HealthCAHHealthcare
T. Rowe PriceTROWFinancials
McCormick & Co.MKCConsumer Staples
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Do most blue chip stocks pay dividends?

Many blue chip companies have a long-standing tradition of distributing a portion of their profits to shareholders in the form of dividends. Microsoft Corporation (NASDAQ:MSFT), Visa Inc. (NYSE:V), and Apple Inc.

Why are blue chip stocks risky?

Market Volatility: Although Blue Chip stocks are less volatile than smaller-cap firms, market movements can nevertheless harm them. Economic Downturns: Even Fortune 500 corporations are not immune to economic downturns. The value of their stock may fall during severe economic downturns.

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