What a blue chip stocks?
What Are Blue-Chip Stocks? Blue-chip stocks are from companies that are large, well-established, and financially sound. These companies have strong brand names and reputations, and they generate dependable earnings.
- Bharat Petroleum Corporation Ltd.
- Hero MotoCorp Ltd.
- Coal India Ltd.
- Bajaj Auto Ltd.
- Wipro Ltd.
- ITC Ltd.
- Adani Ports and Special Economic Zone Ltd.
- Dr Reddy's Laboratories Ltd.
Blue chip stocks, such as Amazon, Apple, and Microsoft, may not experience explosive growth. But they're much more stable and reliable than many smaller stocks, which can better protect your investment against volatility.
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. Backed by positive business news, I expect a renewed rally.
Blue chip stocks are considered the most stable and reliable investments in the stock market. These are typically large companies with a strong track record of consistent growth and profitability. Examples of blue chip stocks in India include the Tata Group, Reliance Industries, HDFC Bank, and many more.
Are blue-chip stocks high risk? Blue-chip stocks are not high risk, so they're popular among investors with lower risk tolerance. While blue-chip stocks aren't bulletproof, their history of resisting market downturns makes them an appealing choice for many investors.
A boom in the artificial intelligence (AI) space last year was instrumental in driving the market's recovery and will likely continue to propel big gains in 2024. Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) are two attractive options for investors looking to profit from the rise of the AI industry.
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.
Examples of blue-chip stocks
Blue-chip stocks are subject to change, but some common examples include: Apple.
The Home Depot, Inc. is a strong blue-chip stock with a storied history that is a great candidate for long-term compounding. Home Depot's upcoming Q3 earnings report is important, as the housing market weakness may appear, but economic strength may lead to the firm beating estimates.
Is Coca-Cola a blue-chip stock?
Coca-Cola is a blue chip stock with a highly profitable business and nearly unparalleled history of returning cash to shareholders through dividends. The company owns one of the world's most powerful collection of brands.
Berkshire Hathaway (BRK.
The Omaha, Nebraska-based company is the most expensive stock by share price, with Class A shares of the company selling at nearly half a million dollars per share. Berkshire Hathaway has been led by chair and CEO Buffet since the 1960s.
Some examples of blue chip stocks are IBM Corp., Coca-Cola Co., Microsoft, American Express, McDonald's, and Boeing Co.
| Company | Ticker symbol |
|---|---|
| Coca-Cola | KO |
| Delta Air Lines | DAL |
| Diamondback Energy | FANG |
| Discover Financial Services | DFS |
| Stock | 2023 Performance* |
|---|---|
| 1. Jin Medical International Ltd. (ticker: ZJYL) | 3,020.1% |
| 2. Soleno Therapeutics Inc. (SLNO) | 1,932.8% |
| 3. Carvana Co. (CVNA) | 1,016.9% |
| 4. Cipher Mining Inc. (CIFR) | 637.5% |
| Stock | Sector | Trailing-12-month dividend yield |
|---|---|---|
| Coca-Cola Co. (ticker: KO) | Consumer staples | 3.1% |
| American Water Works Co. Inc. (AWK) | Utilities | 2.2% |
| Consolidated Edison Inc. (ED) | Utilities | 3.6% |
| Kimberly-Clark Corp. (KMB) | Consumer staples | 3.9% |
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%.
In general, the average rate of return on blue-chip stocks is around 10%, which is similar to the indices that they are featured on. A good indicator of blue-chip status is if the company is listed on a renowned stock index.
The markets are constantly changing and most of the time it's unpredictable. This means when it comes to blue chip stocks, you can't rely on specific strategies and techniques. They get impacted by market changes and volatility.
- Nvidia: 239% -- technology.
- Meta Platforms: 194% -- communications services.
- Royal Caribbean: 162% -- consumer discretionary.
- Builders FirstSource: 157% -- industrials.
- Uber: 149% -- industrials.
Which stock will go high in 2023?
| Stock Symbol | Market Price Rs | 1-year Returns (%) |
|---|---|---|
| EICHERMOT | 3,000.05 | 21.08 |
| ICICIBANK | 884.50 | 20.04 |
| COALINDIA | 220.30 | 18.26 |
| ULTRACEMCO | 7,643.00 | 14.54 |
Investors have plenty to cheer as 2023 draws to a close, with the S&P 500 ending the year with a gain of more than 24% and the Dow finishing near a record high. Easing inflation, a resilient economy and the prospect of lower interest rates buoyed investors, particularly in the last two months of the year.
Costco (COST 1.03%) has been an unusually positive force in shareholders' portfolios. The retailer outperformed peers in its brutally competitive industry this past decade, delivering market share growth and steady earnings through a wide range of selling environments.
Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.
Amazon currently has an average brokerage recommendation (ABR) of 1.11, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 46 brokerage firms. An ABR of 1.11 approximates between Strong Buy and Buy.
