Low Price Blue Chips stocks (2024)

FAQs

What is the best blue-chip stock to buy? ›

Blue chip stocks are seen as relatively safe investments with proven track records of success and stable growth. Blue chips are reliably stable but they're unlikely to generate the same high returns as potentially riskier investments.

By investing in blue-chip stocks, investors can build a well-diversified portfolio. Here, we have identified four stocks from the Retail - Wholesale sector — Walmart Inc. WMT, Costco Wholesale Corporation COST, The Home Depot, Inc. HD and Lowe's Companies, Inc.

How do I invest in blue-chip stock? You can purchase blue-chip stocks through online brokerage firms or gain access to them through blue-chip funds. Given the high price-tag per share for some blue-chip stocks, some investors are opting to buy into these companies through fractional trading offerings.

Blue-chip stocks are from companies that are large, well-established, and financially sound. These companies have strong brand names and reputations, and they generate dependable earnings. Blue-chip companies usually boast consistent dividends and are often considered to be less risky, given their financial stability.

Coca-Cola posted strong second-quarter results and raised its 2024 outlook. Organic sales rose 15%, led by innovations, digital initiatives, and deft in-market executions, and adjusted EPS was up 7%.

Purple Chip Stock is a term coined by portfolio manager John Schwinghamer in his 2012 book "Purple Chips: Winning in the Stock Market with the Very Best of the Blue Chip Stocks" to describe a stock that is “the royalty of blue chip stocks,” or the highest-quality and lowest-risk of these top-notch stocks.

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.

Examples of blue chip stocks

Between Amazon, Boeing and the 28 other stocks that do pay dividends, you don't have to look much further than the Dow 30 to find a diverse sample of some of the most important blue chip names.

Chips Stocks Latest News

Notable gainers among liquid option names this morning include Oracle (ORCL) $158.86 +18.97, Tesla (TSLA) $224.59 +8.32, Broadcom (AVGO) $144.98 +4.16, Dominos (DPZ) $430.39 +10.23, and Amazon (AMZN) $179.64 +4.24.