Is Home Depot a blue-chip stock?
Home Depot (HD)
A blue chip stock is a company that typically has a large market cap, a sterling reputation, excellent financials, and many years of success in the business world. A blue-chip index seeks to track the performance of financially stable, well-established companies that provide investors with consistent returns.
- Reliance Industries Ltd. Conglomerate.
- Tata Consultancy Services Ltd. Information Technology.
- Infosys Ltd. Information Technology.
- HCL Technologies Ltd. Information Technology.
- Hindustan Unilever Ltd. Fast-Moving Consumer Goods.
- ITC Ltd. ...
- Nestle India Ltd. ...
- HDFC Bank Ltd.
| Stock (ticker) | Market Capitalization |
|---|---|
| AbbVie Inc. (ABBV) | $320 billion |
| Coca-Cola Co. (KO) | $256 billion |
| Nike Inc. (NKE) | $138 billion |
| Goldman Sachs Group Inc (GS) | $133 billion |
In the investment world, Lowe's is generally regarded as a blue-chip stock. Think of this as the VIP section of the stock market; companies make the cut because of their financial fortitude, long-standing history, and ability to weather economic storms.
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
What do IBM, Walmart, JPMorgan Chase, and DuPont have in common? Although they are in different sectors, they are all known as blue chip companies. Blue chip companies are the mature firms that represent the stalwarts of an industry.
These blue-chip stocks will continue to provide market-beating returns in April. Amazon Inc (AMZN): This tech behemoth is firing on all cylinders following its highest-ever monthly close. Netflix Inc (NFLX): The streaming giant is bolstering up its lineup with newly added premium tiers.
| Company Name | LTP | High |
|---|---|---|
| ICICI Bank | 1093.75 | 1097.25 |
| Tata Steel | 164.8 | 164.85 |
| Shriram Finance | 2469.3 | 2470.4 |
| Sun Pharma.Inds. | 1491.05 | 1503 |
Income stocks provide regular income by distributing a company's profits, or excess cash, through dividends that are higher than the market average. Blue-chip stocks are shares of well-established companies with a large market capitalization.
Should you only invest in blue chip stocks?
Blue Chips as Part of a Larger Portfolio
While blue chip stocks are appropriate for use as core holdings within a larger portfolio, they generally shouldn't be the entire portfolio. A diversified portfolio usually contains some allocation to bonds and cash.
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.
Determine Your Risk Tolerance: Think about your risk tolerance and investing objectives. 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.
| S.No. | Name | Profit Var 5Yrs % |
|---|---|---|
| 1. | Gretex Corporate | 158.94 |
| 2. | Atam Valves | 55.08 |
| Median: 2 Co. | 107.01 |
| Stock | 30-year total return | Value of initial $10,000 stake |
|---|---|---|
| Amazon.com Inc. (AMZN) | 178,141%* | $17.8 million |
| Apple Inc. (AAPL) | 96,333% | $9.6 million |
| Biogen Inc. (BIIB) | 74,990% | $7.5 million |
| Nvidia Corp. (NVDA) | 64,223%* | $6.4 million |
| Company | Performance (Year) |
|---|---|
| Uber Technologies Inc | 142.30% |
| Paymentus Holdings Inc | 140.18% |
| Crowdstrike Holdings Inc | 133.16% |
| New Oriental Education & Technology Group Inc. ADR | 126.47% |
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Motherson Wiring | 71.94 |
| 2. | Hindustan Zinc | 410.55 |
| 3. | Lloyds Metals | 737.00 |
| 4. | NMDC | 240.65 |
- SoundHound AI and Sweetgreen are up 174% and 116% so far in 2024.
- SoundHouse AI is seeing its platform for conversational intelligence explode in popularity.
- Sweetgreen has quadrupled over the past year, but it's still a broken IPO with potential to harvest.
- Vikas Ecotech Ltd.
- Comfort Intech Ltd.
- Rajnandini Metal Ltd.
- G G Engineering Ltd.
- Indian Infotech & Software Ltd.
- Genpharmasec Ltd.
- Accuracy Shipping Ltd.
- Goyal Aluminiums Ltd.
An investment of $1,000 at the start of 1980 would be worth over $1.9 million today. Watch Walmart stock trade in real time here.
Is Costco considered a blue-chip stock?
Costco Wholesale (NASDAQ:COST) stock continues to be one of the best blue-chip stocks investors can buy and remains the gold standard of the retail sector.
As a small example, Costco Wholesale (NASDAQ:COST) has trended higher by 226% (capital gains) in the last five years. This has led to this list of blue-chip stocks under $20.
Here are three blue-chip stocks to buy at a 52-week low in April. Apple (AAPL): The consumer electronics giant's stock is now negative over the last 12 months. Boeing (BA): The aircraft manufacturer's share price is likely to slide lower after its upcoming Q1 earnings.
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.
So, in terms of the service component, Toyota should be able to outperform its rivals. And yeah, it's one of the discount blue-chip stocks, trading at 9.48X trailing earnings (without non-recurring items or NRI).
