What company is a blue-chip stock? (2024)

What company is a blue-chip stock?

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

Which bluechip stock is best?

Is Apple a blue-chip stock?

Apple Inc (NASDAQ:AAPL)

Apple Inc (NASDAQ:AAPL) is undoubtedly one of the best blue chip stocks to buy and hold according to hedge funds.

Is Walmart a blue-chip stock?

Consumers, particularly low-income consumers, will flock to the company for its everyday low prices. However, the company has also made significant strides to become a forceful e-commerce presence. And like many blue-chip stocks, Walmart is a dividend king that has increased its dividend for 51 consecutive years.

Is Google a blue-chip stock?

Alphabet (GOOG, GOOGL)

Anchored by core Google properties and its $150 billion stockpile, Alphabet has the stability and vision to drive transformational growth, which is why it's on this list of stable blue-chip stocks.

Is Amazon a blue-chip stock?

The e-commerce pioneer is now among the 30 companies that make up 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.

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. Tesla, for example, is down about 23% so far this year.

Is McDonald's a blue chip stock?

Common examples of blue chip stocks are market leaders like IBM, Coca-Cola, and McDonald's.

Is Microsoft a blue chip stock?

Microsoft (NASDAQ:MSFT) is undoubtedly one of the best blue-chip stocks to buy in 2024. They just recently surpassed the $3 trillion market capitalization status, and AI will be a huge growth driver for the company over the next decade.

Is Netflix a blue-chip stock?

Netflix (NFLX)

Streaming giant Netflix (NASDAQ:NFLX) is another option in reliable blue-chip stocks. The company has had a tough ride but it has survived through it all.

Which stock will boom in 2024?

Is Coca Cola blue-chip?

What Are Some Blue Chip Companies? Some examples of blue chip stocks are Coca Cola, Apple, IBM, American Express, McDonalds, DuPont, and American Express.

Is Costco a blue-chip stock?

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.

Is AMZN a buy right now?

The highest analyst price target is $230.00 ,the lowest forecast is $175.00. The average price target represents 17.17% Increase from the current price of $178.87. Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.

Is Costco considered a blue-chip stock?

Costco (COST)

Under difficult circ*mstances, COST should be insulated compared to much of the competition. Therefore, it seems an intriguing idea for blue-chip stocks. Notably, COST stock is also priced at a discount.

Is Nike a blue-chip stock?

As one of the largest sports apparel and footwear businesses on the face of the planet, Nike (NYSE: NKE) is well-known not only among customers worldwide but within the investment community as well. Regarded as a blue chip stock, Nike is even included in the Dow Jones Industrial Average.

Is Starbucks blue-chip?

Starbucks Corporation (NASDAQ:SBUX) stock has been a slow grower over the past five years. An increase of 38% is nothing to be ashamed of, but its growth hasn't been nearly as strong as many other blue chip stocks.

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 many companies are blue-chip?

How many companies are blue chip stocks?

Frequently asked questions (FAQs) What are the 30 blue-chip stocks? The 30 stocks included in the DJIA are all considered to be blue-chip stocks.

Is Ebay a blue-chip stock?

eBay (EBAY)

eBay (NASDAQ:EBAY) is another blue-chip company undertaking layoffs due to declining sales. In January, the e-commerce giant announced plans to eliminate 9% of its workforce, or about 1,000 full-time employees, to control costs and lower expenses.

Is FedEx a blue-chip stock?

FedEx (FDX)

FedEx (NYSE:FDX) remains a best-in-class blue-chip shipping stock, recovering nicely from its 2022 lows to gain 47% this year.

Is Pfizer a blue-chip stock?

Pfizer (NYSE:PFE) is another blue-chip stock that has witnessed a deep correction in the last few quarters. This has been behind growth concerns as COVID-19 vaccine revenues decline.

Should I buy 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 Target a blue-chip company?

Similar to other blue-chip stocks, Target's stock price is at levels we haven't seen in over three years. For those who may believe the mounting inflation and economic pressure on the consumer may force consumers to pinch pennies, Target may benefit because it markets itself as an affordable catch-all store.