Blue chip stocks are popular among investors due to their stable earnings, steady cash flows and proven business models. Investors with long time horizons who want modest but consistent returns typically turn to blue chip stocks. As leaders in their industries, these companies’ share prices tend to be high. But their reliability makes them a great addition to any portfolio.
Our top picks for where to buy the best blue chip stocks
Best for beginners
Go to site
Min. deposit: $0
Uninvested cash APY: 0.01%
Sign up bonus: Get up to $1,000 in stock when you fund a new account within 30 days
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
10 best blue chip stocks of 2024
These stocks were selected by being at the top of the Dow Jones Industrial Average, with positive dividend yield and are ordered by YTD performance.
Logo
Stock name and ticker
Description
YTD performance
Microsoft (MSFT)
Microsoft (MSFT) is a global tech company known for Windows, Azure, Office, and gaming with Xbox.
43.40%
Buy now
Intel (INTC)
Intel (INTC) is a leading semiconductor manufacturer specializing in microprocessors and technology solutions for various industries.
39.25%
Buy now
Apple (AAPL)
Apple (AAPL) is a tech giant renowned for innovative products, including the iPhone, iPad, Mac, and more.
32.74%
Buy now
Walmart (WMT)
Walmart (WMT) is a multinational retail corporation, the world’s largest, offering a wide range of consumer products.
16.05%
Buy now
Visa (V)
Visa (V) is a global payment technology company, enabling secure and efficient electronic transactions and digital payments.
14.19%
Buy now
Cisco (CSCO)
Cisco (CSCO) is a prominent technology company specializing in networking, cybersecurity, and communication solutions for businesses.
8.95%
Buy now
JP Morgan Chase & Co (JPM)
JPMorgan Chase & Co (JPM) is a leading global financial institution offering banking, asset management, and financial services.
3.51%
International Business Machines Corp (IBM)
International Business Machines Corp (IBM) is a multinational technology company known for computing hardware, software, and services.
2.80%
Unitedhealth Group Inc (UNH)
UnitedHealth Group Inc (UNH) is a prominent healthcare company offering a range of healthinsurance and healthcare services.
0.37%
Buy now
McDonald’s Corp (MCD)
McDonald’s Corp (MCD) is a globally recognized fast-food restaurant chain known for its signature menu items.
-1.15%
Buy now
How to invest in the best blue chip stocks
Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
Sign up for an account. Provide your personal information and sign up.
Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
Choose the stocks you want to buy. Search for the stock by name or ticker symbol.
Place your order. Buy the stock. It’s that simple.
Compare trading platforms to buy the best blue chip stocks
1 - 5 of 5
Frequently asked questions about the best blue chip stocks
According to our analysis, as of October 2023, the top blue chip stocks to buy now based on YTD returns are:
Intel (INTC)
Apple (AAPL)
Microsoft (MSFT)
Walmart (WMT)
A good blue chip stock represents the largest and most well-established companies with recognizable brands. Companies with a market cap of over $200 billion are typically considered blue chip stocks companies. Blue chip companies often distribute dividends to investors so stock paying positive dividend yields. Examples of good blue chip stocks are:
Netflix (NFLX)
Alphabet (GOOGL)
Amazon (AMZN)
Boeing (BA)
Yes, because of their reliability and stability, blue chip stocks are great long term investments.
Bottom line
Blue chip stocks stand out for their reliability. These companies have sound business models and stable earnings and many provide steady cash flows to investors. If you’re only getting started trading stocks or you’re looking to build a strong foundation for your portfolio, consider these and other blue chip stocks.
The hamburger and restaurant chain has been a reliable performer for decades, trades at a reasonable 24 times future earnings estimates, and pays a quarterly dividend that yields a strong 2.40%. McDonald's (NYSE:MCD) has raised its dividend payment every year since 1976.
The hamburger and restaurant chain has been a reliable performer for decades, trades at a reasonable 24 times future earnings estimates, and pays a quarterly dividend that yields a strong 2.40%. McDonald's (NYSE:MCD) has raised its dividend payment every year since 1976.
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.
Blue-chip stocks in India are an attractive investment option for individuals who want to generate steady returns over a long period. However, investors can always explore other investment avenues and enhance the profitability of their investment portfolios.
Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for Walmart is $65.73. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
As with most blue-chip stocks, Home Depot trades at relatively safe multiples. The stock is trading at about 2.5x sales and 24x forward earnings. As revenues have plateaued post-pandemic, however, we notice that its P/E ratio has now settled slightly higher than its ten-year historical range.
Wall Street analysts ultimately expect S&P 500 companies to grow earnings by roughly 11% in 2024. And by the fourth quarter, growth is expected to have roughly evened out, with the top 10 stocks expected to see growth of 17.2% while the other 490 companies see growth of 17.8%, according to FactSet data.
Address: Suite 153 582 Lubowitz Walks, Port Alfredoborough, IN 72879-2838
Phone: +128413562823324
Job: IT Strategist
Hobby: Video gaming, Basketball, Web surfing, Book restoration, Jogging, Shooting, Fishing
Introduction: My name is Rev. Porsche Oberbrunner, I am a zany, graceful, talented, witty, determined, shiny, enchanting person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
