Is Walmart a blue-chip stock? (2024)

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 Walmart blue-chip?

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.

What is considered a blue-chip stock?

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.

Is Walmart a good long term stock?

WMT boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 6.3% year-over-year for 2025, while Wall Street anticipates its top line to improve by 3.6%. Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025.

Is Amazon a blue-chip stock?

Seattle-based Amazon will share membership in the Dow with the likes of Apple, Boeing, JPMorgan Chase and Coca-Cola. WHAT IS THE DOW? It's a measure of 30 stocks of established, well-known companies. These stocks are sometimes known as blue chips, which are supposed to be on the steadier and safer side of Wall Street.

Is Walmart a good stock to buy right now?

Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings. What is Walmart's price target? The average price target for Walmart is $65.73. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Which bluechip stock is best?

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How do you know if a stock is blue-chip?

Stocks that are considered blue-chip stocks generally have these things in common: Large market capitalization. Market cap is a measure of the size and value of a company. Blue-chip stocks are often large-cap stocks, which typically means they have a market valuation of $10 billion or more.

Is Costco a blue-chip stock?

At the same time, blue-chip stocks can deliver healthy capital gains. 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 Walmart a safe stock to invest in?

Walmart is a safe stock that has a long track record of raising its dividend, but investors should understand that that's what they're paying up for. For the right kind of investor, Walmart is a smart buy. It's a well-managed, dividend-paying recession-proof business.

Who holds the most Walmart stock?

Will Walmart stock split in 2024?

Split aimed at helping associates take advantage of long-standing stock purchase benefits. BENTONVILLE, Ark., Jan. 30, 2024 — Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.

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.

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 Ford a blue-chip stock?

Ford (F) Ford (NYSE:F) is another blue-chip stock to buy that has remained subdued in the last 12 months. At a forward price-earnings ratio of 6.7, the stock looks deeply undervalued.

Is Walmart or Target a better stock?

But Walmart's demonstrated resilience in 2023 and its strong momentum going into 2024 justify its stock's higher valuation. At the two stocks' current valuations, Walmart stock looks like the better buy. But Target stock looks fairly attractive at its current valuation, too.

Is Walmart a high risk stock?

Walmart Investment Opportunity

Walmart has a volatility of 0.85 and is 1.49 times more volatile than NYSE Composite. 7 percent of all equities and portfolios are less risky than Walmart. You can use Walmart to protect your portfolios against small market fluctuations.

Why should I buy Walmart stocks?

Walmart's diversified business

Walmart's ability to grow revenue over time is thanks to its diversified income streams. The company has expanded beyond store sales and is finding success in these efforts. Walmart's e-commerce revenue rose 23% year over year in Q4 and crossed $100 billion for the year.

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