Is Apple stock blue chip? (2024)

Is Apple stock blue chip?

Here are three blue-chip stocks to buy at a 52-week low in April. Apple (AAPL): The consumer electronics giant's stock is now negative over the last 12 months. Boeing (BA): The aircraft manufacturer's share price is likely to slide lower after its upcoming Q1 earnings.

Is Apple a blue-chip company?

Apple Inc (NASDAQ:AAPL) is undoubtedly one of the best blue chip stocks to buy and hold according to hedge funds. Apple Inc's (NASDAQ:AAPL) products gain a lot of traction due to Apple Inc's (NASDAQ:AAPL) innovation and brand name attraction.

What are the top blue chip stocks?

Is Google a blue-chip stock?

Alphabet (GOOG, GOOGL): Alphabet's non-search AI potential makes it a must-own blue chip for the long haul.

Is Apple a good stock to buy?

With its 3-star rating, we believe Apple's stock is fairly valued compared with our long-term fair value estimate of $160 per share. Our valuation implies a fiscal 2024 adjusted price/earnings multiple of 25 times, a fiscal 2024 enterprise value/sales multiple of 7 times, and a fiscal 2024 free cash flow yield of 4%.

What is the safest stock ever?

What makes Apple a blue-chip stock?

APPLE (NASDAQ: AAPL): A resilient blue-chip stock with a track record of outperforming analysts' expectations, Apple's consistent growth in revenue and profitability reinforces its status as a reliable blue-chip stock to buy and hold.

Is Tesla a blue chip stock?

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.

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.

Is AT&T a blue chip stock?

AT&T (NYSE:T) is among the most undervalued blue-chip stocks to buy. T stock trades at a forward price-earnings ratio of 7.5 and offers an attractive dividend yield of 6.72%.

What is the most profitable stock to buy?

Is Coca-Cola a blue-chip stock?

Some examples of blue chip stocks are Coca Cola, Apple, IBM, American Express, McDonalds, DuPont, and American Express.

What are the best US stocks to buy now?

Why is Apple stock so weak?

The slide has erased more than $300 billion in market value this year, ceding Apple's status as the most-valuable US company to Microsoft Corp. The drop was spurred by declining sales in China, regulatory scrutiny of its App store, and mounting concern among investors about its growth outlook.

How much will Apple stock be worth in 5 years?

Is amzn a buy right now?

Amazon has a conensus rating of Strong Buy which is based on 42 buy ratings, 0 hold ratings and 0 sell ratings. What is Amazon's price target? The average price target for Amazon is $213.74. This is based on 42 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

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.

What stocks are expected to rise in 2024?

Is Costco a good stock to buy?

Based on analyst ratings, Costco's 12-month average price target is $786.38. Costco has 9.91% upside potential, based on the analysts' average price target. Costco has a conensus rating of Strong Buy which is based on 19 buy ratings, 6 hold ratings and 0 sell ratings.

Which stock should I buy for 2024?

Meanwhile, in 2024 YTD, Oil India was the top gainer, rallying over 66 percent followed by NALCO, BHEL, HAL, and NHPC also rose over 40 percent each.

Should you hold blue-chip stocks?

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.

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.

Is Verizon a blue-chip?

As the most reliable 5G carrier, Verizon (NYSE:VZ), commands blue-chip status with its budding relationships and consistent dividends.

Is Verizon a blue-chip stock?

Verizon Communications Inc. shares fell 1.7% on Wednesday morning as one of the biggest drags in the blue-chip index. The carrier on Monday logged its first post-earnings decline in six quarters after reporting fewer-than-expected subscriber losses in the first quarter.

Is Nike a blue-chip stock?

Blue-chip stocks to buy now with potential upside for the rest of 2024. BlackRock (BLK): The asset manager saw best-in-industry asset inflows in the latest quarter. Nike (NKE): This iconic footwear company trades at a steep discount to its historical multiple.