As investors navigate the volatile equities market, blue-chip stocks remain a popular choice for those seeking steady returns. Blue-chip stocks are shares of large, established companies with a long history of stable earnings and a solid reputation. These stocks are considered a safe investment because they are less likely to experience sudden price swings compared to smaller or riskier companies.
With so many rumblings in the equities space, investors may be best served taking on the top blue-chip stocks to buy. In this article, we'll explore some of the best blue-chip stocks to consider for your investment portfolio in 2023.
Make your dollars go as far as possible (and relatively safely) with these low-PE ratio blue-chip stocks to buy. Low price-to-earnings (PE) ratios can indicate that a stock is undervalued, meaning it has room for growth potential. Some of the top blue-chip stocks with low PE ratios include Verizon Communications Inc. (VZ), Coca-Cola Company (KO), and IBM Corporation (IBM).
Here are three cheap blue-chip stocks to buy or put on your watchlist as the second quarter earnings season gets ready to start. These stocks have strong fundamentals and a history of consistent earnings growth. Some of the top cheap blue-chip stocks include Intel Corporation (INTC), Pfizer Inc. (PFE), and Johnson & Johnson (JNJ).
While blue-chip stocks to buy have a reputation for slow-and-steady gains, these enterprises just might double in value. Some of the top blue-chip stocks with strong growth potential include Apple Inc. (AAPL), Amazon.com Inc. (AMZN), and Microsoft Corporation (MSFT).
When investors start buying again, low-priced blue-chip stocks like the three mentioned here will be among their first choices. These stocks have a low price point but still offer the benefits of a blue-chip stock, including a solid reputation and stable earnings. Some of the top low-priced blue-chip stocks include General Electric Company (GE), Cisco Systems Inc. (CSCO), and Intel Corporation (INTC).
Here are some of the top blue-chip stocks with monthly dividends to consider for monthly income, stability, and strong growth in 2023. These stocks offer regular dividends and a history of consistent earnings growth. Some of the top blue-chip stocks with monthly dividends include AT&T Inc. (T), Procter & Gamble Co. (PG), and Johnson & Johnson (JNJ).
Since a recession does not appear likely to occur, this is a good time for conservative investors to buy blue-chip stocks. These stocks are less risky than other types of investments and typically offer a steady stream of income. Some of the top blue-chip stocks for conservative investors include Johnson & Johnson (JNJ), Procter & Gamble Co. (PG), and Coca-Cola Company (KO).
While there's no such thing as 100% safe blue-chip stocks, these three are better than most when seeking to preserve capital. These stocks have a strong balance sheet and are less likely to experience sudden price swings. Some of the top blue-chip stocks for capital preservation include Johnson & Johnson (JNJ), Coca-Cola Company (KO), and Procter & Gamble Co. (PG).
Despite a strong rally in the S&P 500 to start off 2023, there are still undervalued blue-chip stocks to be found. These stocks have room for growth potential and offer a solid foundation for long-term investing. Some of the top undervalued blue-chip stocks include ExxonMobil Corporation (XOM), Pfizer Inc. (PFE), and Intel Corporation (INTC).