What are the best blue chip stocks to buy right now? (2024)

What are the best blue chip stocks to buy right now?

Blue chip stocks are usually less risky and thus considered safer than other stock-based investment options. That's because one of the major determining factors of a blue chip stock is that it must be a well-capitalized company, meaning it should have the financial fortitude to endure an inevitable economic downturn.

What are the best blue-chip stocks to invest in right now?

Best blue chip stocks to buy right now
Blue Chip CompaniesMarket Cap
1. Apple (NASDAQ:AAPL)$2.82 trillion
2. Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B)$880.5 billion
3. Coca-Cola (NYSE:KO)$262.1 billion
4. Johnson & Johnson (NYSE:JNJ)$376.9 billion
1 more row
Feb 20, 2024

What are the most undervalued blue-chip stocks?

These are some of the most undervalued blue-chip stocks to consider.
  • Amazon (AMZN) Source: Tada Images / Shutterstock.com. Amazon (NASDAQ:AMZN) delivered earnings that got many investors excited. ...
  • Alphabet (GOOG,GOOGL) Source: salarko / Shutterstock.com. ...
  • Broadcom (AVGO) Source: Sasima / Shutterstock.com.
Feb 8, 2024

Should I buy blue-chip stocks?

Blue chip stocks are usually less risky and thus considered safer than other stock-based investment options. That's because one of the major determining factors of a blue chip stock is that it must be a well-capitalized company, meaning it should have the financial fortitude to endure an inevitable economic downturn.

What stocks are expected to grow in 2024?

Uber Technologies, Inc. (NYSE:UBER), NVIDIA Corporation (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Netflix, Inc. (NASDAQ:NFLX) are some of January 2024's top performing growth stocks.

What is the most profitable stock to buy?

Best stocks by one-year performance
CompanyPerformance (Year)
Lilly(Eli) & Co (LLY)144.33%
Uber Technologies Inc (UBER)137.12%
Builders Firstsource Inc (BLDR)131.10%
Constellation Energy Corporation (CEG)128.79%
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Mar 1, 2024

Is it good to buy Coca Cola stock?

Coca-Cola's analyst rating consensus is a Moderate Buy. This is based on the ratings of 15 Wall Streets Analysts.

How many blue chip stocks should I own?

It's depends on one's risk bearing capacity, if you are risk seeker then you can go with the 30%for blue chip, and 70% for other volatile stock.

What is the best long term stocks to buy?

Top Stocks to Invest for Long Term in Indian Share Market (2024)
  • Bajaj Finance Ltd.
  • Titan Company Ltd.
  • Varun Beverages Ltd.
  • Cholamandalam Investment & Finance Company Ltd.
  • Tube Investments of India Ltd.
  • SRF Ltd.
  • Solar Industries India Ltd.
  • Persistent Systems Ltd.
Feb 26, 2024

What is the most undervalued asset of all time?

In the post, he echoed the statements of Andy Schectman, president of precious metals investment firm Miles Franklin, sharing, “Andy Scheckman says: 'Silver is the most undervalued asset of a generation. ' I agree.”

How do you pick blue chip stocks?

Criteria to consider when investing in blue chip stocks
  1. Market capitalisation. Blue chip stocks will typically display a large market capitalisation. ...
  2. Financial track record. Look at the company's financials with a magnifying glass. ...
  3. Market share. ...
  4. Intrinsic value. ...
  5. ROE and ROA.

Which blue chip stocks pay the highest dividends?

9 Best Blue-Chip Dividend Stocks
StocksSector12-month dividend yield
Exxon Mobil Corp. (XOM)Energy3.8%
Walgreens Boots Alliance Inc. (WBA)Health care7.6%
PepsiCo Inc. (PEP)Consumer defensive3%
McDonald's Corp. (MCD)Consumer cyclical2.1%
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Jan 18, 2024

What are the safest stocks to buy in 2024?

  • Best Long-Term Stocks of March 2024.
  • Archer-Daniels Midland (ADM)
  • Cheniere Energy Partners (CQP)
  • CRH PLC (CRH)
  • Hartford Financial Services Group (HIG)
  • Home Depot (HD)
  • Lockheed Martin (LMT)
  • Stellantis N.V. (STLA)
Mar 4, 2024

Which 10 stocks to buy right now?

Stocks to Buy Today
STOCKACTIONTRADE PRICE
POONAWALLABUY472
EMUDHRABUY610
BALKRISINDBUY2345
HDFCBANKBUY1460
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What is the safest investment right now?

  1. U.S. Treasury Bills, Notes and Bonds. Risk level: Very low. ...
  2. Series I Savings Bonds. Risk level: Very low. ...
  3. Treasury Inflation-Protected Securities (TIPS) Risk level: Very low. ...
  4. Fixed Annuities. ...
  5. High-Yield Savings Accounts. ...
  6. Certificates of Deposit (CDs) ...
  7. Money Market Mutual Funds. ...
  8. Investment-Grade Corporate Bonds.
Feb 1, 2024

What stocks will double in 2024?

Stocks that will double in 2024
  • Aris Water Solutions, Inc. (NYSE:ARIS)
  • XPeng Inc. (NYSE:XPEV)
  • NIO Inc. (NYSE:NIO)
  • ANI Pharmaceuticals, Inc. (NASDAQ:ANIP)
  • Concentrix Corporation (NASDAQ:CNXC)
  • Fiverr International Ltd. (NYSE:FVRR)
  • Perion Network Ltd. (NASDAQ:PERI)
  • StoneCo Ltd. (NASDAQ:STNE)
Feb 28, 2024

What are 3 good stocks to invest in?

Best stocks to buy
CompanyTicker symbol
Diamondback EnergyFANG
Cadence Design SystemsCDNS
Delta Air LinesDAL
Discover Financial ServicesDFS
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What stocks are a strong buy right now?

13 Best Major Stocks to Buy Right Now
  • 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)
Feb 25, 2024

What stocks are hot right now?

Most Actives
SymbolNamePrice (Intraday)
AMDAdvanced Micro Devices, Inc.207.39
NVDANVIDIA Corporation875.28
RIVNRivian Automotive, Inc.12.78
PBRPetróleo Brasileiro S.A. - Petrobras14.78
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What is a safe stock to invest in?

Dividend-paying stocks

Dividend stocks are considered safer than high-growth stocks, because they pay cash dividends, helping to limit their volatility but not eliminating it. So dividend stocks will fluctuate with the market but may not fall as far when the market is depressed.

Is AMZN a buy right now?

AMZN boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #1 (Strong Buy) rating. Its bottom-line is projected to rise 40.7% year-over-year for 2024, while Wall Street anticipates its top line to improve by 11.6%.

Is Walmart a good stock to buy?

Walmart has 42.30% upside potential, based on the analysts' average price target. Is WMT a Buy, Sell or Hold? Walmart has a conensus rating of Strong Buy which is based on 24 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for Walmart is $85.55.

Are blue-chip stocks good for beginners?

Whether or not blue-chip stocks are worth investing in depends on your investment objectives, risk appetite, and investment horizon. Over the long term, most blue-chip stocks do have the potential for consistent capital appreciation and do tend to provide stable dividends.

How do you know when to sell a stock?

When to sell a stock
  1. You've found something better. ...
  2. You made a mistake. ...
  3. The company's business outlook has changed. ...
  4. Tax reasons. ...
  5. Rebalancing your portfolio. ...
  6. Valuation no longer reflects business reality. ...
  7. You need the money. ...
  8. The stock has gone up.
Sep 11, 2023

Can you make money with blue-chip stocks?

Investors also appreciate the dividends blue-chip stocks typically pay. Dividends are especially attractive if you're investing for income, as many investors do in retirement. Blue-chip stocks tend to pay reliable, growing dividends.

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