7 Blue-Chip Stocks to Buy for June 2022
Blue-chip stocks got their name from the highest value of poker chip, at least for that time. And while there’s no precise definition, most analysts define a blue-chip stock as a company with a market capitalization of at least $5 billion. But generally speaking, investors need to look to large-cap companies — those with market caps of at least $10 billion — to find quality blue-chip stocks to buy. That’s because these are companies that are in mature phases of their business cycle. This maturity allows them to deliver consistent revenue and profits for their shareholders. Thus, these are companies with strong balance sheets and positive free cash flow. That doesn’t mean they don’t provide innovation, it’s just that they don’t rely on it. These are value stocks first and foremost. And that’s why many, although not all, blue-chip stocks pay a dividend. 7 Cheap Growth Stocks That Won''t Stay That Way for Long In turn, this makes these stocks a smart choice during times when economic uncertainty is expected.
7 Blue-Chip Stocks to Buy for June 2022
Blue-chip stocks got their name from the highest value of poker chip, at least for that time. And while there’s no precise definition, most analysts define a blue-chip stock as a company with a market capitalization of at least $5 billion. But generally speaking, investors need to look to large-cap companies — those with market caps of at least $10 billion — to find quality blue-chip stocks to buy. That’s because these are companies that are in mature phases of their business cycle. This maturity allows them to deliver consistent revenue and profits for their shareholders. Thus, these are companies with strong balance sheets and positive free cash flow. That doesn’t mean they don’t provide innovation, it’s just that they don’t rely on it. These are value stocks first and foremost. And that’s why many, although not all, blue-chip stocks pay a dividend. 7 Cheap Growth Stocks That Won''t Stay That Way for Long In turn, this makes these stocks a smart choice during times when economic uncertainty is expected.