Is Walmart considered a blue-chip stock? (2024)

Is Walmart considered a blue-chip stock?

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.

Is Walmart a blue-chip stock?

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

What are blue-chip stocks considered?

Blue chip stocks are the stocks of well-known, high-quality companies that are industry leaders. These companies have stood the test of time and are respected by their customers and shareholders.

What are today's blue-chip stocks?

What kind of stock is Walmart?

Walmart first offered common stock to the public in 1970 and began trading on the New York Stock Exchange (NYSE: WMT) on August 25, 1972.

Is Walmart a good stock to buy right now?

Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 4 hold ratings and 0 sell ratings. What is Walmart's price target? The average price target for Walmart is $176.04. This is based on 29 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Walmart a good long term stock?

As an anchor of the consumer staples sector, Walmart sees comparatively stable demand through the business cycle. Walmart is also indisputably one of the best dividend stocks for dependable dividend growth. This member of the S&P 500 Dividend Aristocrats has increased its payout annually for 50 years and counting.

How do you know if a stock is blue chip?

Stocks that are considered blue-chip stocks generally have these things in common: Large market capitalization. Market cap is a measure of the size and value of a company. Blue-chip stocks are often large-cap stocks, which typically means they have a market valuation of $10 billion or more.

Is McDonald's a blue chip stock?

Some examples of blue chip stocks are IBM Corp., Coca-Cola Co., Microsoft, American Express, McDonald's, and Boeing Co.

Is Costco considered a blue chip stock?

Prior to the pandemic, Costco (COST -0.10%) and Carnival (CCL -2.42%) were both considered resilient blue chip stocks for long-term investors. Costco's warehouse stores generated steady sales growth through economic downturns, and it locked in its shoppers with sticky subscription plans.

Is Amazon a blue-chip stock?

Companies like Alphabet (GOOGL), Amazon.com (AMZN) and Nvidia (NVDA) would generally be considered blue-chip stocks, but are not included in the DJIA. Which blue-chip stocks pay the highest dividends?

What stock will grow the most in 2023?

Is Target a blue-chip?

The Three Best Blue Chip Stocks to Watch—Disney, Starbucks, Target.

Who owns most of Walmart stock?

Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.

Who holds the most shares of Walmart?

Is Walmart a stable stock?

With Walmart, it is pretty well-known what an investor is going to get from an operational perspective. Walmart remains a stable company that should be viewed as a long-term blue-chip investment. Roughly 75% of Walmart's store management began their careers as hourly employees with the company.

Is Walmart a safe stock to invest in?

At that price, investors are paying a lot for Walmart's modest growth prospects. Walmart is a safe stock that has a long track record of raising its dividend, but investors should understand that that's what they're paying up for. For the right kind of investor, Walmart is a smart buy.

What do analysts say about Walmart stock?

Where will Walmart stock be in 5 years?

Walmart stock price stood at $169.28

According to the latest long-term forecast, Walmart price will hit $200 by the middle of 2026 and then $250 by the middle of 2028. Walmart will rise to $300 within the year of 2030 and $350 in 2033.

What's the best stock to buy and hold forever?

Still, the closest thing to a forever stock is arguably about Realty Income (NYSE: O). The real estate investment trust (REIT) plays an understated but crucial role in the economy. It owns more than 13,250 properties, spanning 85 industries and five countries.

Why should I invest in Walmart stocks?

WMT also boasts an average earnings surprise of 11.6%. Earnings for Walmart are forecasted to see growth of 2.1% for the current fiscal year as well. Since stock prices respond to earnings estimate revisions, it can be very profitable to buy stocks with an increased earnings outlook.

Is Costco stock better than Walmart?

We can see that Costco far outpaced Walmart in any kind of earnings metric. Even the dividend CAGR stands at 12.4% (Costco) vs. 1.93% for Walmart. And this is while operating in the same sector.

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