What are good blue-chip stocks to buy?
Amazon (AMZN)
Amazon (NASDAQ:AMZN) is a blue chip stock best-known for its e-commerce Marketplace and its cloud computing business. Those two segments continue to be the primary drivers of the company. Their strength is the primary reason it has become a blue chip stock.
| Stock (ticker) | Market Capitalization |
|---|---|
| Apple Inc (AAPL) | $2.6 trillion |
| JP Morgan Chase & Co. (JPM) | $572 billion |
| Walmart Inc. (WMT) | $476 billion |
| Johnson & Johnson (JNJ) | $378 billion |
| Ticker | Company | Performance (1 Year) |
|---|---|---|
| MU | Micron Technology Inc. | 98.87% |
| AMD | Advanced Micro Devices Inc. | 90.87% |
| KLAC | KLA Corp. | 88.29% |
| ENTG | Entegris Inc | 84.90% |
Amazon (AMZN)
Amazon (NASDAQ:AMZN) is a blue chip stock best-known for its e-commerce Marketplace and its cloud computing business. Those two segments continue to be the primary drivers of the company. Their strength is the primary reason it has become a blue chip stock.
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.
| Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
|---|---|---|
| Amazon.com (AMZN) | 1.30 | Strong Buy |
| Microsoft (MSFT) | 1.32 | Strong Buy |
| Delta Air Lines (DAL) | 1.35 | Strong Buy |
| Nvidia (NVDA) | 1.38 | Strong Buy |
Blue-chip stocks typically have solid balance sheets, steady cash flows, proven business models, and a history of increasing dividends. For that reason, investors generally consider blue-chip stocks to be among the most secure stock investments because of their track records and performance history.
- Allegro MicroSystems, Inc. (NASDAQ:ALGM) ...
- Axcelis Technologies Inc. (NASDAQ:ACLS) ...
- Tower Semiconductor Ltd. (NASDAQ:TSEM) ...
- Rambus, Inc. (NASDAQ:RMBS) ...
- Skyworks Solutions, Inc. (NASDAQ:SWKS) ...
- NXP Semiconductors N.V. (NASDAQ:NXPI) Number of Hedge Fund Holders: 41.
In summary, Nvidia, AMD, Micron, Taiwan Semiconductor, and Intel are strategically aligned with the future of technology, making them the top semiconductor stocks for 2024.
| Company and ticker symbol | Performance in 2024 |
|---|---|
| NVIDIA (NVDA) | 82.5% |
| Constellation Energy (CEG) | 58.1% |
| Deckers Outdoor (DECK) | 40.8% |
| Micron (MU) | 38.1% |
What blue chip stocks pay the highest dividends?
| Stocks | Sector | 12-month dividend yield |
|---|---|---|
| Exxon Mobil Corp. (XOM) | Energy | 3.8% |
| Walgreens Boots Alliance Inc. (WBA) | Health care | 7.6% |
| PepsiCo Inc. (PEP) | Consumer defensive | 3% |
| McDonald's Corp. (MCD) | Consumer cyclical | 2.1% |
Home Depot (HD)
Fundamentally, Home Depot (NYSE:HD) ranks among the best blue-chip stocks because of its vast relevancies. No matter the situation, everyone eventually finds themselves needing home repair solutions.
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.
Here are three blue-chip stocks to buy at a 52-week low in April. Apple (AAPL): The consumer electronics giant's stock is now negative over the last 12 months. Boeing (BA): The aircraft manufacturer's share price is likely to slide lower after its upcoming Q1 earnings.
| Year | Prediction | Change |
|---|---|---|
| 2027 | $ 1,200.82 | 66.80% |
| 2028 | $ 1,424.10 | 97.81% |
| 2029 | $ 1,688.91 | 134.60% |
| 2030 | $ 2,002.95 | 178.22% |
Part of the reason Costco's stock has performed so well is its strong financial performance. Net sales climbed 60% between fiscal 2019 and fiscal 2023, a disruptive period of time that included the onset of the coronavirus pandemic, inflationary pressures, and rapidly rising interest rates.
- Nvidia Corp. (NVDA) ...
- Alphabet Inc. (GOOG, GOOGL) ...
- Meta Platforms Inc. (META) ...
- JPMorgan Chase & Co. (JPM) ...
- Tesla Inc. (TSLA) ...
- Mastercard Inc. (MA) ...
- Salesforce Inc. (CRM) ...
- Advanced Micro Devices Inc. (AMD)
| Stock | Sector | Trailing 12-month dividend yield* |
|---|---|---|
| Stanley Black & Decker Inc. (SWK) | Industrials | 3.5% |
| Atmos Energy Corp. (ATO) | Utilities | 2.7% |
| T. Rowe Price Group Inc. (TROW) | Financials | 4.3% |
| Chevron Corp. (CVX) | Energy | 3.9% |
- Intuit Inc. (NASDAQ:INTU) Number of Q4 2023 Hedge Fund Shareholders: 75. ...
- Tesla, Inc. (NASDAQ:TSLA) ...
- Booking Holdings Inc. (NASDAQ:BKNG) ...
- Netflix, Inc. (NASDAQ:NFLX) ...
- Broadcom Inc. (NASDAQ:AVGO) ...
- Micron Technology, Inc. (NASDAQ:MU) ...
- Adobe Inc. (NASDAQ:ADBE) ...
- Apple Inc. (NASDAQ:AAPL)
| Company (Ticker) | Sector | Market Cap |
|---|---|---|
| Alphabet (GOOGL) | Communication services | $1.95T |
| Broadcom (AVGO) | Technology | $578.90B |
| Meta Platforms (META) | Communication services | $1.26T |
| ServiceNow (NOW) | Technology | $148.28B |
Which is the best stock to buy in 2024?
- Tata Consultancy Services Ltd. IT - Software.
- Infosys Ltd. IT - Software.
- Hindustan Unilever Ltd. FMCG.
- Reliance Industries Ltd. Refineries.
| S.No. | Name | P/E |
|---|---|---|
| 1. | Network People | 113.18 |
| 2. | Jai Balaji Inds. | 20.04 |
| 3. | Anand Rathi Wea. | 73.45 |
| 4. | Avantel | 50.79 |
The most expensive stock listed on U.S. exchanges is Berkshire Hathaway. At the time of this writing, Berkshire Hathaway stock was trading at $623,000 a share.
- Amgen Inc. (NASDAQ:AMGN) ...
- Dow Inc. (NYSE:DOW) ...
- Cisco Systems, Inc. (NASDAQ:CSCO) ...
- American Express Company (NYSE:AXP) Forward Price To Earnings Ratio: 12.27. ...
- Merck & Co., Inc. (NYSE:MRK) ...
- Caterpillar Inc. (NYSE:CAT) ...
- Chevron Corporation (NYSE:CVX) ...
- The Travelers Companies, Inc.
| Symbol | Volatility | Change % |
|---|---|---|
| LICN D | 94.90% | −42.19% |
| MMFI D | 85.37% | −18.63% |
| SSMFL D | 83.76% | +7.59% |
| ZZAPP D | 72.31% | +1.59% |
