How do you find blue chip stocks? (2024)

How do you find blue chip stocks?

You can purchase blue-chip stocks through online brokerage firms or gain access to them through blue-chip funds. Given the high price-tag per share for some blue-chip stocks, some investors are opting to buy into these companies through fractional trading offerings.

How do you identify blue chip stocks?

A blue chip stock is stock issued by a large, well-established, financially-sound company with an excellent reputation. Normally, such companies have operated for many years, have dependable earnings, and usually pay dividends to investors. A blue chip company typically has a market capitalization in the billions.

How do you screen for blue chip stocks?

Generally, a blue-chip stock is that of a company with a combination of the following characteristics:
  1. Large organisation with a large market capitalisation.
  2. Well-established, often a household name.
  3. Good reputation, often an industry leader known for selling high-quality goods or services.

What is the ticker symbol for blue-chip stock?

The Best Blue Chip Stocks of April 2024
Stock (ticker)Market Capitalization
Johnson & Johnson (JNJ)$378 billion
Procter & Gamble Co. (PG)$377 billion
AbbVie Inc. (ABBV)$320 billion
Coca-Cola Co. (KO)$256 billion
6 more rows
Apr 2, 2024

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.

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. Blue chip companies are the mature firms that represent the stalwarts of an industry.

Is Costco a blue chip stock?

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.

Is Amazon a blue-chip stock?

These blue-chip stocks will continue to provide market-beating returns in April. Amazon Inc (AMZN): This tech behemoth is firing on all cylinders following its highest-ever monthly close. Netflix Inc (NFLX): The streaming giant is bolstering up its lineup with newly added premium tiers.

Is McDonald's a blue-chip stock?

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

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%. McDonald's (NYSE:MCD) has raised its dividend payment every year since 1976.

Which stocks are typically blue chip stocks?

Blue Chip Stocks List in India 2024
Company NameIndustryMarket Cap (in Cr)
Tata Motors LtdConsumer Discretionary₹3,23,502
Bajaj Auto LtdConsumer Discretionary₹2,17,129
NTPC LtdIndependent Power and Renewable Electricity Producers₹3,07,869
Coal India LtdMetals & Mining₹2,50,299
6 more rows
Feb 6, 2024

What is the difference between a regular stock and a blue chip stock?

Income stocks provide regular income by distributing a company's profits, or excess cash, through dividends that are higher than the market average. Blue-chip stocks are shares of well-established companies with a large market capitalization.

Is S&P a blue chip stock?

Blue chips have a track record of stable earnings growth and tend to pay steady dividends. The most notable blue-chip indexes include the S&P 500 and the Dow Jones Industrial Average.

Should I invest in blue chip stocks?

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.

Is Home Depot a blue chip stock?

Home Depot: Headquartered in Atlanta, GA, this company stands as another distinguished blue-chip stock, dominating the home improvement retail sector.

How do I buy blue-chip shares?

If you're interested in buying any of these blue-chip shares in Australia, you can purchase them individually with the help of a broker or an online share-trading platform. However, keep in mind that you'll have to pay a trading fee (typically up to $30 per trade) to use platforms.

What is the best blue chip stock to buy?

Compare the best blue-chip companies
Company (Ticker)SectorMarket Cap
Nvidia Corp. (NVDA)Technology$1.91T
JPMorgan Chase & Co. (JPM)Financial$533.63B
Salesforce (CRM)Technology$262.26B
Caterpillar (CAT)Industrials$177.11B
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How much is $1000 invested in Walmart in 1980?

An investment of $1,000 at the start of 1980 would be worth over $1.9 million today. Watch Walmart stock trade in real time here.

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.

What are the most profitable stocks to invest in?

Best stocks by one-year performance
CompanyPerformance (Year)
Netflix Inc. (NFLX)83.88%
Applied Materials Inc. (AMAT)80.20%
KLA Corp. (KLAC)79.89%
Advanced Micro Devices Inc. (AMD)77.90%
17 more rows
7 days ago

Is Lowes a blue-chip stock?

Lowe's is a blue-chip stock that offers investors reliability and resilience amid market fluctuations. Its 49-year history of dividend growth highlights its financial health and commitment to shareholders. Plus, with its stock buybacks, Lowe's enhances shareholder value over the long term.

Why do investors buy blue chip stocks?

Because blue chip companies are relatively stable, blue chip stocks are considered a low-risk investment. In all likelihood, no matter what happens tomorrow, the most established companies in the banking or real estate sector would not collapse overnight, so investing in them is a relatively safe bet.

Why is Johnson and Johnson a blue-chip stock?

Johnson & Johnson: Still the rock-solid dividend stock you can count on. This has always been a stock that investors could buy and hold and not lose a wink of sleep over. The company's diversification and tremendous presence in healthcare made it a genuine blue-chip stock.

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 Chevron a blue chip stock?

Chevron Corporation (CVX)

Chevron Corporation (NYSE:CVX) is another blue-chip stock that has been depressed in the last 12 months. The reason is a correction in crude oil prices on the back of global growth deceleration. However, with potential rate cuts, there are hopes of growth acceleration in 2025.

What stocks to buy in 2024?

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
Janux Therapeutics Inc. (JANX)250.9%
Trump Media & Technology Group Corp. (DJT)254.1%
Super Micro Computer Inc. (SMCI)255.3%
Viking Therapeutics Inc. (VKTX)340.6%
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