Which blue-chip stock is best? (2024)

Which blue-chip stock is best?

Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Berkshire Hathaway Inc. (NYSE:BRK-A) are met by in our list of the most profitable blue chip stocks to buy.

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

Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Berkshire Hathaway Inc. (NYSE:BRK-A) are met by in our list of the most profitable blue chip stocks to buy.

Is blue-chip stock a good investment?

Because they are backed by dependable, high-quality businesses, stocks in the category are often appealing as long-term investment candidates. Blue chip companies typically have powerful competitive advantages and decades of profitable operations under their belts.

Which blue-chip stocks pay the highest dividends?

9 Best Blue-Chip Dividend Stocks
StocksSectorMarket capitalization
General Dynamics Corp. (GD)Industrials$67.9 billion
Exxon Mobil Corp. (XOM)Energy$387.6 billion
Walgreens Boots Alliance Inc. (WBA)Health care$19 billion
PepsiCo Inc. (PEP)Consumer defensive$228.8 billion
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What is the best blue-chip ETF for 2023?

The Fidelity Blue-Chip Growth ETF FBCG has jumped 58.7% in 2023 to become the best-performing U.S. fund, excluding ETNs and leveraged products, according to FactSet data. The WisdomTree U.S. Quality Growth Fund QGRW is up 56.2% this year, while the Invesco QQQ Trust Series I QQQ has risen 55.6% in 2023.

What is the hottest stock to buy right now?

The 8 Best Stocks To Buy Now
Company (Ticker)Forward P/E Ratio
Intuitive Surgical (ISRG)58.1
Lear (LEA)7.9
Trex (TREX)36.6
Union Pacific (UNP)21.3
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3 days ago

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.

What stocks will boom in 2024?

See the 10 stocks

The Motley Fool has positions in and recommends Alphabet, Amazon, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, Uber Technologies, and Zoom Video Communications. The Motley Fool recommends the following options: short December 2023 $67.50 puts on PayPal.

What are 5 good stocks?

Best stocks to buy
CompanyTicker symbol
Delta Air LinesDAL
Discover Financial ServicesDFS
PfizerPFE
Thermo Fisher ScientificTMO
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Which stocks will do well in 2024?

Top 10 stocks to watch in February 2024
  • Amazon.com (AMZN) – 2/1 - After the close.
  • Apple (AAPL) – 2/1 - After the close.
  • Meta Platforms (META) – 2/1 - After the close.
  • Enphase Energy (ENPH) – 2/6 - After the close.
  • PayPal Holdings (PYPL) – 2/7 - After the close.
  • Walt Disney (DIS) – 2/7 - After the close.
2 days ago

What are the top 5 dividend stocks to buy?

13 Best Long-Term Dividend Stocks To Buy Now
  • Exxon Mobil Corp (NYSE:XOM)
  • Procter & Gamble Co (NYSE:PG) ...
  • AbbVie Inc (NYSE:ABBV) ...
  • Chevron Corporation (NYSE:CVX) ...
  • McDonald's Corp (NYSE:MCD) ...
  • Costco Wholesale Corporation (NASDAQ:COST) ...
  • Coca-Cola Co (NYSE:KO) ...
  • US Bancorp (NYSE:USB) Number of Hedge Fund Investors: 29. ...
3 days ago

What are the top 5 stocks that pay dividends?

9 high-dividend stocks
TickerCompanyDividend Yield
CRCTCricut Inc16.85%
REFIChicago Atlantic Real Estate Finance Inc12.79%
DXDynex Capital, Inc.12.49%
ABRArbor Realty Trust Inc.12.48%
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Jan 24, 2024

What is the average return on blue-chip shares?

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.

What is the hottest stock in 2023?

Not surprisingly, the 10 best-performing S&P 500 stocks in 2023 came from those four sectors, as detailed below:
  • Nvidia: 239% -- technology.
  • Meta Platforms: 194% -- communications services.
  • Royal Caribbean: 162% -- consumer discretionary.
  • Builders FirstSource: 157% -- industrials.
  • Uber: 149% -- industrials.
Jan 6, 2024

What is the fastest growing stock in 2023?

2023's 10 Best-Performing Stocks
Stock2023 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%
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Jan 2, 2024

What are the safest stocks to buy 2023?

Much like Costco Wholesale Corporation (NASDAQ:COST), Walmart Inc. (NYSE:WMT), and Berkshire Hathaway Inc. (NYSE:BRK-B), Colgate-Palmolive Company (NYSE:CL) is one of the best safe stocks that long term investors should take note of.

What are 3 good stocks to invest in?

3 Top Value Stocks to Buy and Hold for 2024
  • Campbell Soup CPB.
  • Kenvue KVUE.
  • Gilead Sciences GILD.
3 days ago

What is the best stock to make money fast?

Alongside Microsoft Corporation (NASDAQ:MSFT), The Walt Disney Company (NYSE:DIS), and Humana Inc. (NYSE:HUM), IQVIA Holdings Inc. (NYSE:IQV) is one of the best fast money stocks to buy now according to hedge funds.

Is AMZN a buy right now?

Of the 59 Amazon stock analysts following the company, 98% hold a buy rating, according to FactSet. Further, FactSet data shows those analysts have, on average, set a 12-month price target of 184.96 for Amazon stock, according to FactSet.

How long should you hold a blue-chip stock?

Blue Chip companies are relatively low-risk, but it is critical to match your investments to your financial goals. Long-Term Prospects: Take a long-term approach to investing in Blue Chip stocks. These companies are best suited for investors with a five-year or longer time horizon.

How risky are blue-chip stocks?

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.

What are the disadvantages of blue-chip stocks?

Disadvantages of blue-chip stocks
  • Limited growth potential –Since these companies are well established, rapid capital appreciation is rarely seen. ...
  • Overvaluation risk –The high 'brand recognition' of these stocks leads to a high degree of investor sentiment and could lead to them being overvalued.

What stocks will double in 2024?

Hot Picks: 7 Stocks Wall Street Expects to Double in 2024
  • Fiverr International (NYSE:FVRR) operates one of the leading platforms serving a rapidly growing gig economy. ...
  • Match Group (NASDAQ:MTCH) is the leading online dating apps stock and one that is widely expected to double in 2024.
Jan 24, 2024

Is Tesla a good stock to buy right now?

With its 3-star rating, we believe Tesla's stock is fairly valued compared with our long-term fair value estimate. In 2024, we forecast Tesla will see a far slower growth rate, with deliveries increasing just 10% to a little under 2 million, from a little over 1.8 million in 2023.

What are the 7 stocks for 2024?

And there will be a new Magnificent Seven in 2024. Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla certainly earned the moniker last year. The seven largest stocks by market value in the S&P 500 each returned 49% or more in 2023 and were responsible for the bulk of the index's gains.

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