How many companies are blue chip? (2024)

How many companies are blue chip?

What are the 30 blue-chip stocks? The 30 stocks included in the DJIA are all considered to be blue-chip stocks. These include: American Express (AXP)

Is A Tesla a blue-chip?

The problem is that despite being included in blue chip ETF indexes, companies like Nvidia and Tesla aren't truly blue chip stocks, George Pearkes, an analyst at Bespoke, told CNN. They're much more volatile. Tesla, for example, is down about 23% so far this year.

What is a blue-chip company?

"Blue chip" is an informal term for the most reliable and valuable companies on the market. These are usually companies with a long track record of financial stability. They are usually leaders within their industry.

Is Coca Cola a blue-chip company?

What Are Some Blue Chip Companies? Some examples of blue chip stocks are Coca Cola, Apple, IBM, American Express, McDonalds, DuPont, and American Express.

Is Netflix a blue-chip company?

Streaming giant Netflix (NASDAQ:NFLX) is another option in reliable blue-chip stocks.

Is Apple a blue-chip stock?

Apple, Berkshire Hathaway, Coca-Cola, Johnson & Johnson, and American Express are all blue chip stocks with operations primarily based in the U.S. Abbvie, Nike, Lockheed Martin, Honeywell, Northrop Grumman, and Procter & Gamble are additional examples of blue chip companies headquartered in the country.

Is Amazon a blue-chip stock?

The e-commerce pioneer is now among the 30 companies that make up the Dow Jones Industrial Average.

Is Walmart blue chip?

Walmart stock has been a buy-and-hold bust over the past couple of decades. When it comes to blue chip stocks that pay dividends and play defense, Walmart's (WMT) reputation is pretty tough to beat.

Is FedEx a blue chip company?

FedEx (FDX)

FedEx (NYSE:FDX) remains a best-in-class blue-chip shipping stock, recovering nicely from its 2022 lows to gain 47% this year. I also like the fact that FedEx is taking steps to keep the profits coming in.

Is Home Depot a blue chip company?

WMT, The Home Depot, Inc. HD and Costco Wholesale Corporation COST. Thanks to successful business operations, these bellwethers have withstood multiple market gyrations and delivered returns to investors. These blue-chip stocks have balance sheet strength to tackle any untoward market volatility.

Is Disney a blue-chip?

Some of the better-known companies in the DJIA that are mostly considered to be blue-chip stocks include: Apple, Boeing, Caterpillar, Coca-Cola, IBM, Goldman Sachs, Exxon Mobil, Intel, McDonald's, Microsoft, Nike, Visa, Walmart, Walt Disney.

Is Target a blue-chip company?

Similar to other blue-chip stocks, Target's stock price is at levels we haven't seen in over three years. For those who may believe the mounting inflation and economic pressure on the consumer may force consumers to pinch pennies, Target may benefit because it markets itself as an affordable catch-all store.

Is Disney a blue-chip company?

Although Wall Street continues to be bullish on the name, the past couple of years have been brutally tough on this bluest of blue chip stocks. Everyone remembers how the pandemic clobbered Disney, whose theme parks and film businesses were especially exposed to COVID-19.

Is Starbucks blue-chip?

Adding it all together. No company's journey is always smooth, but Starbucks has been a winning company and stock for decades. Sometimes, these blue chips get boring, and the market loses interest. Shares are trading near their 52-week low, providing potential buyers with a great opportunity.

Is Costco a blue-chip stock?

Prior to the pandemic, Costco (COST 0.10%) and Carnival (CCL -1.12%) were both considered resilient blue chip stocks for long-term investors. Costco's warehouse stores generated steady sales growth through economic downturns, and it locked in its shoppers with sticky subscription plans.

Is Nike a blue-chip company?

Nike (NKE)

General Electric was the comeback story of 2023. But many analysts expect Nike (NYSE:NKE) to be one of the best blue-chip stocks to own in 2024, too. NKE stock has received upgrades from analysts ahead of its earnings report on Dec. 21.

What are 5 blue chip stocks?

Is Google a blue chip stock?

Any list of the top blue-chip stocks has to include Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL).

Is NVDA a buy right now?

Out of the 39 analysts covering Nvidia, 34 recommend “strong buy,” two recommend “moderate buy,” and three recommend “hold.” The average target price for NVDA stock is $838.93, which is a discount of 7% to the current trading price.

Is PepsiCo blue-chip?

Grab these 3 blue-chip stocks with the new bull market underway. PepsiCo (PEP): The company projects 13% EPS growth in FY23. UnitedHealth Group (UNH): Scoop up shares of this blue-chip healthcare stock on the dip before Wall Street does.

Is Lowes blue-chip?

Key Points. Lowe's is a blue-chip stock that offers investors reliability and resilience amid market fluctuations. Its 49-year history of dividend growth highlights its financial health and commitment to shareholders. Plus, with its stock buybacks, Lowe's enhances shareholder value over the long term.

Is UPS a blue-chip?

United Parcel Service (UPS): The company has achieved 14 years of uninterrupted dividend growth and strategic acquisitions. Read the article for more Blue-Chip Dividend Stocks for Reliable Returns!

Is AT&T blue-chip?

AT&T (NYSE:T) is the quintessential blue-chip stock.

Is Verizon a blue-chip stock?

Verizon Communications Inc.

Investors have long looked to the large telecom companies as leading blue-chip stock picks.

Is Pfizer a blue-chip stock?

Pfizer is an American pharmaceutical corporation. Pfizer (NYSE:PFE) is another blue-chip stock that has witnessed a deep correction in the last few quarters. This has been behind growth concerns as COVID-19 vaccine revenues decline.