Best Blue-Chip Stocks Right Now
- AbbVie Inc. (NYSE: ABBV) …
- The Coca-Cola Company (NYSE: KO) …
- The Procter & Gamble Company (NYSE: PG) …
- Johnson & Johnson (NYSE: JNJ) …
- UnitedHealth Group Incorporated (NYSE: UNH) …
- Berkshire Hathaway Inc. …
- The Walt Disney Company (NYSE: DIS)
What are blue chip stocks?
A blue-chip stock is a huge company with an excellent reputation. These are typically large, well-established and financially sound companies that have operated for many years and that have dependable earnings, often paying dividends to investors. … Some examples of blue-chip stocks are IBM Corp., Coca-Cola Co.
What is blue chip stocks India?
What are Blue chip stocks? The blue-chip stocks to buy are stocks issued by financially sound and fundamentally strong blue-chip companies with humongous market capitalisation and enviable market reputation. … They may continue to grow or operate profitably, even in adverse market conditions.
Is it worth investing in bluechip?
While blue chip stocks tend to be a safer investment, they don’t usually rise considerably in value over a short-time frame unless you can scoop them up at a discount during a downturn. This means that blue chips are long-term investments or used to provide an ongoing incoming through dividends.
Is bluechip a good investment?
Blue-chip stocks are considered safe investment options as they can endure economic downturns and are not highly volatile. They also present a slow but moderate growth potential. These are typically dividend-paying stocks where the payment is made quarterly.
How do you identify blue-chip stocks?
Several parameters can be considered to identify blue chip companies. They include consistent annual revenue over a long period, stable debt-to-equity ratio, average return on equity (RoE) and interest coverage ratio besides market capitalisation and price-to-earnings ratio (PE).
Which company called blue-chip?
A blue-chip company is a multinational firm that has been in operation for a number of years. Think companies like Coca-Cola, Disney, PepsiCo, Walmart, General Electric, IBM, and McDonald’s, which are dominant leaders in their respective industries.
Are blue-chip stocks safe?
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.
Is ITC good for long term?
So, of course, ITC continues to look very good from a medium to long term perspective. It is the cheapest large FMCG company available at 15X PE multiple FY23. Also this year looks good at the current juncture.
List of Best Blue Chip Stocks to Consider
|Company Name||Industry||Share Price as of 2nd October (NSE)|
|HDFC BANK||Banking||Rs 1,585.65|
|Infosys||Information Technology||Rs 1,665.60|
|Coal India||Mining/Minerals||Rs 188.80|
Is Yesbank a blue chip?
Yes Bank is a blue chip company in India and the fourth largest private bank.