How do you know if a company is a blue chip? (2024)

How do you know if a company is a blue chip?

To be considered a blue chip, a company must be well-known, well-established, and well-capitalized. Blue chip companies must have been in business long enough to have weathered many different economic situations, showing that they can remain stable and profitable as circ*mstances around them change.

How do you identify blue chips?

Stocks that are considered blue-chip stocks generally have these things in common: Large market capitalization. Market cap is a measure of the size and value of a company. Blue-chip stocks are often large-cap stocks, which typically means they have a market valuation of $10 billion or more.

What company is classified as being a blue-chip stock?

Some examples of blue chip stocks are IBM Corp., Coca-Cola Co., Microsoft, American Express, McDonald's, and Boeing Co.

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 Nike a blue-chip stock?

As one of the largest sports apparel and footwear businesses on the face of the planet, Nike (NKE -1.11%) is well-known not only among customers worldwide but within the investment community as well. Regarded as a blue chip stock, Nike is even included in the Dow Jones Industrial Average.

Is McDonald's a blue-chip stock?

Common examples of blue chip stocks are market leaders like IBM, Coca-Cola, and McDonald's.

Is Amazon a blue-chip stock?

Amazon's entry will significantly increase the exposure of the blue-chip index in the e-commerce, consumer retail and technology space. Amazon's weight in the Dow will rank 17th out of the 30 stocks. Walmart's weight will drop to 26 from 17. Meanwhile, UnitedHealth Group Inc.

What are 5 blue-chip stocks?

What is an example of a blue-chip company?

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 Costco a blue-chip stock?

Costco (COST)

Therefore, it seems an intriguing idea for blue-chip stocks. Notably, COST stock is also priced at a discount. Recently, the company's shares suffered red ink as the business missed sales estimates for its latest earnings disclosure.

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 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 Tesla a blue-chip stock?

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.

Is Starbucks a blue-chip stock?

Blue-Chip Criteria Explained 🔵 It is easy to spot the blue-chip starlets: Amazon, Apple, Berkshire Hathaway, Coca-Cola, Microsoft, Starbucks, etc.

Is UPS a blue-chip stock?

Blue chip stocks are large, diversified, recognizable businesses that are market leaders in their industries. Think Apple, American Express, UPS, and Home Depot. Companies you know well.

Is Netflix a blue-chip stock?

Streaming giant Netflix (NASDAQ:NFLX) is another option in reliable blue-chip stocks. The company has had a tough ride but it has survived through it all. In 2022, it saw a drop in revenue and membership growth, but the same picked pace in 2023, and it is entering this year on a very optimistic note.

Is FedEx a blue-chip stock?

Despite its current price, it suggests that FedEx offers potential for significant growth, making it an appealing option for investors seeking growth in a stable and solid blue-chip company.

Is Google a blue-chip stock?

Alphabet (GOOG, GOOGL)

Anchored by core Google properties and its $150 billion stockpile, Alphabet has the stability and vision to drive transformational growth, which is why it's on this list of stable blue-chip stocks.

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Is Ebay a blue-chip stock?

eBay (EBAY)

eBay (NASDAQ:EBAY) is another blue-chip company undertaking layoffs due to declining sales. In January, the e-commerce giant announced plans to eliminate 9% of its workforce, or about 1,000 full-time employees, to control costs and lower expenses.

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Is Walt Disney a blue-chip stock?

The Walt Disney Co.

(DIS): It may not surprise you that our blue chip companies list includes one of the biggest and well-known companies in the world.