Is Google a blue chip stock? (2024)

Is Google a blue chip stock?

Blue chip stocks are stocks from a company that has a long-standing reputation of quality, reliability, and the ability to operate profitably over many years. These companies tend to be household names. General Mills, Apple, Google, and Disney are all blue chip stocks.

Is Google a blue-chip stock?

Alphabet (GOOG,GOOGL)

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

What are the top 5 stock picks for 2024?

My 2024 stock picks
CompanyTicker symbol
ASML HoldingASML
Bank of AmericaBAC
Blue BirdBLBD
Brown & BrownBRO
6 more rows
Jan 1, 2024

Is Google a good stock to buy 2023?

Alphabet could be the best bet among the Magnificent Seven stocks that led the market higher in 2023. It's expected to grow as fast as Microsoft, with earnings forecast to be up 15% in 2024, three times as quickly as Apple's 5% growth.

Is Google a buy hold or sell?

38 Wall Street analysts quoted by MarketBeat gave GOOGL a average stock price forecast of $130.51, with a consensus rating of 'moderate buy' based on the current four hold rating and 34 buy ratings for GOOGL.

Is Google considered a tech stock?

In finance, the acronym "FANG" refers to the stocks of four technology companies: Facebook (META), Amazon (AMZN), Netflix (NFLX), and Google (GOOG).

What stocks will double in 2024?

3 Growth Stocks That Can Double in 2024
  • ZeroFox (NASDAQ:ZFOX) is a high-risk, high-reward cybersecurity penny stock that currently trades at $0.58 per share. ...
  • Perion (NASDAQ:PERI) is another small, but less risky, company. ...
  • Celsius (NASDAQ:CELH) is the most valuable company on this list by market cap.
Dec 20, 2023

What is the hottest stock in 2023?

  • Top 5 Stocks of 2023.
  • AppLovin Corporation (APP)
  • NVIDIA Corporation (NVDA)
  • Vertiv Holdings Co (VRT)
  • Palantir Technologies Inc. (PLTR)
  • Bottom 5 Stocks of 2023.
  • NovoCure Limited (NVCR)
  • AMC Entertainment Holdings, Inc. (AMC)
Dec 4, 2023

What is the hot stock in 2024?

One of the best stocks for 2024, Microsoft (NASDAQ:MSFT) is a tech dinosaur that will soar high in the year. The tech giant has invested heavily into artificial intelligence (AI) and this investment is expected to start paying off in the coming year.

Is Google a safe long term stock?

The bottom line on investing in Google

However, the company has grown beyond search over the years, leading it to change its corporate name to Alphabet. The company is highly profitable. Shares of Google's parent could make a good long-term investment, especially if profits continue rising at a rapid rate.

Can Google stock reach $10,000?

According to our Alphabet - Class A stock forecast, the price of Alphabet - Class A stock will not reach $10,000. The highest expected price our algorithm estimates is $ 172.63 by Dec 1, 2024.

Should I buy GOOG or GOOGL?

For this reason, GOOGL shares tend to trade at a slightly higher price than GOOG shares, due to the additional voting rights. However, most retail investors cannot buy enough shares to significantly affect the company's policies, making GOOG the slightly more cost-effective choice.

Is Google a long term buy?

Google's stock has generally performed very well since its 2004 IPO. In the past five years, Alphabet shares have generated a total return of about 129%, more than double the roughly 49% total return of the S&P 500 during that same stretch. In the past 12 months, Alphabet's outperformance has continued.

Is Google a good stock to keep?

Out of 21 analysts, 13 (61.9%) are recommending GOOGL as a Strong Buy, 6 (28.57%) are recommending GOOGL as a Buy, 2 (9.52%) are recommending GOOGL as a Hold, 0 (0%) are recommending GOOGL as a Sell, and 0 (0%) are recommending GOOGL as a Strong Sell.

How high is Google stock expected to go?

Stock Price Forecast

The 39 analysts with 12-month price forecasts for Alphabet stock have an average target of 150.15, with a low estimate of 117 and a high estimate of 180. The average target predicts an increase of 3.22% from the current stock price of 145.47.

What is the safest stock ever?

  • Best safe stocks to buy.
  • Berkshire Hathaway.
  • The Walt Disney Company.
  • Vanguard High-Dividend Yield ETF.
  • Procter & Gamble.
  • Vanguard Real Estate Index Fund.
  • Starbucks.
  • Apple.

What are 5 good stocks?

Best stocks to buy
CompanyTicker symbol
Diamondback EnergyFANG
Delta Air LinesDAL
Discover Financial ServicesDFS
PfizerPFE
4 more rows

Should you only invest in blue-chip stocks?

Many investors believe that blue chips can survive market challenges of many kinds; while this may be largely true, it is not a guarantee. For this reason, it's crucial to diversify a portfolio beyond only blue chip stocks.

Is Google a good buy right now?

Alphabet Class A has 12.97% upside potential, based on the analysts' average price target. Is GOOGL a Buy, Sell or Hold? Alphabet Class A has a conensus rating of Strong Buy which is based on 29 buy ratings, 8 hold ratings and 0 sell ratings.

What are the 7 top tech stocks?

The 'Magnificent Seven'—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—are stocks known for their skyrocketing rise in 2023. But now, Tesla's in the red after falling 25% in the last four weeks.

What is the most promising AI stock?

3 best-performing AI stocks
TickerCompanyPerformance (Year)
NVDANVIDIA Corp229.27%
SYMSymbotic Inc149.42%
ISRGIntuitive Surgical Inc56.35%
2 days ago

Which penny stocks to buy now?

Penny Stocks To Buy Today
Company NameLTP% Change
DIL9.65-1.03
Kanani Industries6.9-4.83
Dynamic Cables Ltd437.65-2.57
Hilton Metal Forging132.55-4.02
1 more row

What are the seven stocks to buy?

Magnificent Seven Stocks To Buy And Watch: Amazon, Meta Surge; Nvidia Rallies To Record High. Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains.

What is the most successful stock of all time?

Warren Buffett's Berkshire Hathaway (BRK-A) commands the number one position, with an impressive over half-million-dollar stock price.

What shares does Warren Buffett own?

Buffett Watch
SymbolHoldings
Chevron CorporationCVX110,248,289
Citigroup IncC55,244,797
Coca-Cola CoKO400,000,000
DR Horton IncDHI5,969,714
50 more rows

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