What is the best performing blue-chip stocks? (2024)

What is the best performing blue-chip stocks?

Investing in blue chips comes with advantages like steady dividend payments, portraying financial health and stability. They're less prone to extreme market fluctuations than smaller stocks, making them appealing for conservative investors looking to preserve capital while gaining modest but consistent growth.

What are the top 5 stock picks for 2024?

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

Is it a good idea to invest in blue-chip stocks?

Investing in blue chips comes with advantages like steady dividend payments, portraying financial health and stability. They're less prone to extreme market fluctuations than smaller stocks, making them appealing for conservative investors looking to preserve capital while gaining modest but consistent growth.

What are the best stocks to invest in 2023?

100 Best Stocks 2023: Nvidia, Meta Make The List
RankCompany2023 Price%Chg
1AbercrmFitch285.1
2Vertiv251.6
3SuperMicro246.2
4Nvidia238.9
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Dec 29, 2023

What are the best chip stocks to buy right now?

The Best Semi Stocks of February 2024
Stock (ticker)5-Year EPS Growth Forecast
Monolithic Power Systems, Inc. (MPWR)25.0%
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)2.7%
Nvidia Corporation (NVDA)112.8%
Axcelis Technologies, Inc. (ACLS)20.0%
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Feb 1, 2024

What stock will grow the most in 2023?

Technology stocks rallied to have the best performance among all sectors in 2023, with a 59.1% gain. Riding the momentum from AI, the best performers include Nvidia and Palantir, which gained 167.5% despite a 14% slide in December.

What stock is going to boom in 2024?

Meet The Magnificent Seven Of 2024
CompanyTicker% of S&P 500 gain**
Nvidia(NVDA)13.1%
Microsoft(MSFT)9.7%
Amazon.com(AMZN)8.1%
Alphabet(GOOGL)6.1%
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Jan 2, 2024

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.

Which stocks will boom in 2023?

7 Growth Stocks That Can Double in 2023
TickerCompanyPrice
NIONio$11.24
PSNYPolestar Automotive$5.82
RIGTransocean$5.39
DRSLeonardo DRS$13.03
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Jan 11, 2023

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.

Which blue-chip stocks to buy today?

Top 10 Blue Chip Companies in India
  • Tata Motors Ltd. ...
  • Bajaj Auto Ltd. ...
  • NTPC Ltd. ...
  • Coal India Ltd. ...
  • Larsen & Toubro Ltd. ...
  • Titan Company Ltd. ...
  • Oil and Natural Gas Corporation Ltd (ONGC) ...
  • Hero MotoCorp Ltd.
3 days ago

When should I buy blue-chip stocks?

During economic slowdowns, investors turn to blue chip stocks to protect their investments.

What is the best stock to make money fast?

Alongside Microsoft Corporation (NASDAQ:MSFT), The Walt Disney Company (NYSE:DIS), and Humana Inc. (NYSE:HUM), IQVIA Holdings Inc. (NYSE:IQV) is one of the best fast money stocks to buy now according to hedge funds.

Which share will double in 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.346.90
2.Refex Industries677.40
3.Tanla Platforms994.90
4.M K Exim India91.00
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What are the magnificent seven stocks in 2023?

The Magnificent Seven group includes Apple (AAPL), Amazon.com (AMZN), Alphabet (GOOGL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). That group as a whole doubled in value last year, outperforming the +54% surge of the Nasdaq 100 Stock Index ($IUXX) (QQQ).

What is the hottest stocks right now?

Most Actives
SymbolNamePrice (Intraday)
AMZNAmazon.com, Inc.170.53
PCGPG&E Corporation16.41
PLUGPlug Power Inc.4.2200
SOFISoFi Technologies, Inc.7.66
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What are the four chip stocks best ideas for 2023?

Nvidia, AMD, Marvell, and Micron Stock Are 'Best Ideas' for 2023 - Barron's.

What stocks are Louis Navellier recommending?

Like NVIDIA Corporation (NASDAQ:NVDA), ConocoPhillips (NYSE:COP), and Exxon Mobil Corporation (NYSE:XOM), Lamb Weston Holdings, Inc. (NYSE:LW) is among Louis Navellier's stock picks with high upside potential. Click to continue reading and see Louis Navellier's 5 Stock Picks with Huge Upside Potential.

Which stock will double in 2023?

Shares of Tata Motors surged 4 percent to Rs 783 in afternoon trade, becoming the first Nifty company to see its share price double in 2023, closing out the last trading session on a high.

Where to put $1,000 right now?

Here are eight of the best ways to invest $1,000 to help grow your money over time.
  • Pay down high-interest debt. ...
  • Build an emergency fund. ...
  • Stash your money in a high-yield savings account. ...
  • Put your cash in a certificate of deposit (CD) ...
  • Contribute to an individual retirement account (IRA) ...
  • Get your 401(k) employer match.
Jan 31, 2024

What stocks have doubled in 2023?

Three AI stocks that did particularly well last year were Nvidia (NVDA -1.60%), C3.ai (AI 7.84%), and Tesla (TSLA 2.23%), all doubling in value in 2023.

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

Who are the magnificent 7 stocks?

The "Magnificent Seven" stocks, Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, NVIDIA NVDA, Meta Platforms META and Tesla TSLA, now account for almost 30% of the S&P 500 index.

What are the big seven stocks?

The group is made up of mega-cap stocks Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon.com (AMZN), Meta Platforms (META), Tesla (TSLA) and Nvidia (NVDA). In 2023, the Magnificent 7 stocks logged an impressive average return of 111%, compared to a 24% return for the broader S&P 500.

Will stock market bounce back in 2024?

Good Omens for the S&P 500

The S&P 500's current rally bodes well for the month of February and for the rest of 2024. “The S&P 500 has set six new all-time highs in 2024, all in January. That works out to an annualized rate of 72 new highs,” says Sam Stovall, Chief Investment Strategist of CFRA Research.

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