What are two blue-chip stocks? (2024)

What are two blue-chip stocks?

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.

What are blue chips stock?

A blue chip stock is a company that typically has a large market cap, a sterling reputation, excellent financials, and many years of success in the business world. A blue-chip index seeks to track the performance of financially stable, well-established companies that provide investors with consistent returns.

What are three blue chip stocks?

Is McDonald's a blue chip stock?

Some examples of blue chip stocks are IBM Corp., Coca-Cola Co., Microsoft, American Express, McDonald's, and Boeing Co.

Which is the best blue chip stock?

How many stocks are blue chip?

There is no official list of blue chip stocks. However, generally speaking, investors consider a member of the Dow Jones Industrial Average to be among the bluest of the blue chips. There are 30 blue chip stocks using this strict measure, since there are 30 companies in the Dow Jones.

How do you find blue chip stocks?

Is Amazon a blue-chip stock?

Amazon Joins 29 Other 'Blue Chip' Companies in the Dow Jones Industrial Average. Feb. 24, 2024, at 2:00 p.m.

Why are blue-chip stocks called that?

The term "blue chip" comes from the game of poker, where blue chips are the highest-value pieces. A company must be well-known, well-established, and well-capitalized to be a blue chip. Membership in certain stock indexes is important for determining blue chip status.

Is Coca Cola 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 Starbucks a blue-chip stock?

Adding it all together. No company's journey is always smooth, but Starbucks has been a winning company and stock for decades. Sometimes, these blue chips get boring, and the market loses interest. Shares are trading near their 52-week low, providing potential buyers with a great opportunity.

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.

Which stock to buy in 2024?

Is Netflix a blue-chip stock?

Netflix (NFLX)

Streaming pioneer Netflix (NASDAQ:NFLX) usually makes the list of the top blue-chip entertainment stocks. Through its transformative streaming service, the platform has disrupted the cable industry and then some.

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 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 Pepsi a blue-chip?

Grab these 3 blue-chip stocks with the new bull market underway. PepsiCo (PEP): The company projects 13% EPS growth in FY23. UnitedHealth Group (UNH): Scoop up shares of this blue-chip healthcare stock on the dip before Wall Street does.

Is Ford a blue-chip stock?

Ford (NYSE:F) is another blue-chip stock to buy that has remained subdued in the last 12 months.

Is Apple a blue chip?

Apple, AB InBev, and Johnson & Johnson may be the blue-chip stocks you have been looking to buy and hold to add that extra stability to your portfolio. AAPL, BUD and JNJ are three blue-chip stocks to buy and hold as they emerge as a beacon of stability in the wake of recent financial turbulence.

Which stock is good to buy now?

Stocks to buy today: Experts have recommended seven shares to buy today — Infosys, Tata Consumer, NHPC, BF Utilities, Sarda Energy, UPL, and CLEAN.

Are blue chip stocks a good investment now?

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.

Is Disney a blue-chip stock?

The blue-chip stock scene is rich with potential for those who don't want to pay an arm and a leg for the market's “hot” trade. Walt Disney (DIS): It's no surprise as to why investors seem more willing to jump in with the proxy fight underway.

Is Walmart considered 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 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 Home Depot a blue-chip stock?

This Zacks Rank #3 (Hold) stock has a trailing four-quarter earnings surprise of 7.3%, on average. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Home Depot: Headquartered in Atlanta, GA, HD stands as another distinguished blue-chip stock, dominating the home improvement retail sector.