How many blue chips are there?
How many blue chip stocks are there? The total number of blue chip stocks depends on the criteria used to define a blue chip stock. However, to get a sense, if blue chip stocks was to be defined as a company with a market cap of more than $200 billion while paying a dividend, there are 41 blue chip stocks.
What are the 30 blue-chip stocks? The 30 stocks included in the DJIA are all considered to be blue-chip stocks. These include: American Express (AXP)
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.
- The Best Blue Chip Stocks of February 2024.
- Apple Inc (AAPL)
- JP Morgan Chase & Co (JPM)
- Walmart Inc (WMT)
- Johnson & Johnson (JNJ)
- Procter & Gamble Co (PG)
- AbbVie Inc (ABBV)
- Coca-Cola Co (KO)
Tesla (TSLA)
I believe TSLA will be among the hottest blue-chips this year. It's worth noting that in July 2023, the stock touched highs of $300. This has been followed by some correction and consolidation, and TSLA stock trades at $250.
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.
During recessionary periods, a blue chip company is often less impacted by adverse economic conditions. For example, Coca-Cola is a blue chip company that might not suffer from a recession because many choose to drink its products, regardless of economic conditions.
- The Hershey Company (NYSE:HSY) Number of Hedge Fund Holders: 44. ...
- The Coca-Cola Company (NYSE:KO) Number of Hedge Fund Holders: 61. ...
- The Home Depot, Inc. (NYSE:HD) ...
- PepsiCo, Inc. (NASDAQ:PEP) ...
- The Procter & Gamble Company (NYSE:PG) ...
- Merck & Co., Inc. ...
- Johnson & Johnson (NYSE:JNJ) ...
- Walmart Inc.
- Fastly. The first superb stock that has all the tools needed to deliver triple-digit returns for investors in 2024 is edge cloud company Fastly (FSLY -3.85%). ...
- Novavax. ...
- Fiverr International. ...
- StoneCo. ...
- PubMatic. ...
- Lexicon Pharmaceuticals. ...
- Match Group.
Company Name | Industry | Market Cap (in Cr) |
---|---|---|
Wipro Ltd | Software | ₹2,51,802 |
ITC Ltd | Tobacco | ₹5,80,902 |
Adani Ports and Special Economic Zone Ltd | Transportation Infrastructure | ₹2,49,290 |
Dr Reddy's Laboratories Ltd | Pharmaceuticals | ₹94,079 |
What stock will grow the most in 2023?
- ACM Research, Inc. (NASDAQ:ACMR) ...
- Rover Group, Inc. (NASDAQ:ROVR) ...
- FTAI Aviation Ltd. (NASDAQ:FTAI) ...
- Applied Digital Corporation (NASDAQ:APLD) YTD Performance Through November 13: +154.89% ...
- Talkspace, Inc. (NASDAQ:TALK) ...
- Oscar Health, Inc. (NYSE:OSCR) ...
- Duolingo, Inc. (NASDAQ:DUOL)
WMT, The Home Depot, Inc. HD and Costco Wholesale Corporation COST. Thanks to successful business operations, these bellwethers have withstood multiple market gyrations and delivered returns to investors. These blue-chip stocks have balance sheet strength to tackle any untoward market volatility.
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Examples of blue-chip stocks
Apple. Coca-Cola. Disney.
Company (Ticker) | Forward P/E Ratio |
---|---|
Intuitive Surgical (ISRG) | 58.1 |
Lear (LEA) | 7.9 |
Trex (TREX) | 36.6 |
Union Pacific (UNP) | 21.3 |
Stock | Sector | Trailing-12-month dividend yield |
---|---|---|
Consolidated Edison Inc. (ED) | Utilities | 3.6% |
Kimberly-Clark Corp. (KMB) | Consumer staples | 3.9% |
3M Co. (MMM) | Industrials | 6.3% |
Allstate Corp. (ALL) | Financials | 2.2% |
- Johnson & Johnson. Johnson & Johnson (NYSE: JNJ) is one of the most well-known names in the pharmaceutical industry, with a company history that stretches back nearly 140 years. ...
- AbbVie.
Company Name | LTP | % Change |
---|---|---|
DIL | 9.75 | -0.51 |
Kanani Industries | 6.95 | 4.51 |
Dynamic Cables Ltd | 451.25 | 0.19 |
Hilton Metal Forging | 150.75 | 5.90 |
Starbucks (SBUX)
As of writing this article, the stock hovers around $97 after a rapid decline from its mid-November highs. Lately, fears around its expansion into China's market have led to the stock's downfall. However, SBUX is still one of the undervalued blue-chip stocks to buy.
The company offers the lowest prices which are especially useful with high inflation. Walmart isn't one of those blue-chip stocks that's going to outperform the market. It's only up by 6.92% year-to-date but has gained a more impressive 64.74% over the past five years.
Is McDonald's a blue-chip?
McDonald's (NYSE:MCD) never seems to disappoint and has certainly earned a position on this list of blue-chip stocks to buy and hold. The Golden Arches is about as reliable a blue-chip stock as an investor can hope to find.
Against this backdrop, here's why high-quality AI-powered stocks such as Nvidia (NVDA 4.79%), Super Micro Computer (SMCI 14.44%), Snowflake (SNOW -1.45%), Palantir Technologies (PLTR -1.76%), and UiPath (PATH -3.97%) can prove to be smart buys in 2024.
The highest analyst price target is $210.00 ,the lowest forecast is $163.00. The average price target represents 6.39% Increase from the current price of $169.57. What do analysts say about Walmart? Walmart's analyst rating consensus is a Strong Buy.
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. In the last 12 months, COST stock has risen 40%, bringing its five-year return to shareholders to 230%.
S.No. | Name | CMP Rs. |
---|---|---|
1. | Brightcom Group | 19.53 |
2. | Rama Steel Tubes | 43.05 |
3. | Easy Trip Plann. | 51.39 |
4. | Radhika Jeweltec | 63.86 |