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 are good blue-chip stocks to buy? (2024)](https://i.ytimg.com/vi/1Az_HOtH8Aw/hq720.jpg?sqp=-oaymwEcCNAFEJQDSFXyq4qpAw4IARUAAIhCGAFwAcABBg==&rs=AOn4CLAIPI-J8Uai4G6eaCmBT_cPkeaHzQ)
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% |