Is AT&T blue chip? (2024)

Is AT&T blue chip?

AT&T (NYSE:T) is among the most undervalued blue-chip stocks to buy. T stock trades at a forward price-earnings ratio of 7.5 and offers an attractive dividend yield of 6.72%.

How do you know if a company is a blue chip?

A blue chip stock is a company that typically has a large market cap, a sterling reputation, excellent financials, and many years of success in the business world. A blue-chip index seeks to track the performance of financially stable, well-established companies that provide investors with consistent returns.

What is considered blue chip?

Blue Chip Meaning and Examples. A blue chip is a nationally recognized, well-established, and financially sound company that has a large capitalization and trades on a major stock exchange.

Is Verizon a blue chip?

As the most reliable 5G carrier, Verizon (NYSE:VZ), commands blue-chip status with its budding relationships and consistent dividends.

Is Apple a blue chip company?

Here are three blue-chip stocks to buy at a 52-week low in April. Apple (AAPL): The consumer electronics giant's stock is now negative over the last 12 months. Boeing (BA): The aircraft manufacturer's share price is likely to slide lower after its upcoming Q1 earnings.

What is an example of a blue-chip company?

Apple, Berkshire Hathaway, Coca-Cola, Johnson & Johnson, and American Express are all blue chip stocks with operations primarily based in the U.S. Abbvie, Nike, Lockheed Martin, Honeywell, Northrop Grumman, and Procter & Gamble are additional examples of blue chip companies headquartered in the country.

Is UPS a blue-chip?

Blue chip stocks are large, diversified, recognizable businesses that are market leaders in their industries. Think Apple, American Express, UPS, and Home Depot. Companies you know well.

Is Amazon a blue-chip company?

Amazon's entry will significantly increase the exposure of the blue-chip index in the e-commerce, consumer retail and technology space. Amazon's weight in the Dow will rank 17th out of the 30 stocks.

How many blue-chip companies are there?

There is no official list of blue chip stocks. However, generally speaking, investors consider a member of the Dow Jones Industrial Average to be among the bluest of the blue chips. There are 30 blue chip stocks using this strict measure, since there are 30 companies in the Dow Jones.

Is Walmart a blue-chip stock?

Walmart stock has been a buy-and-hold bust over the past couple of decades. When it comes to blue chip stocks that pay dividends and play defense, Walmart's (WMT) reputation is pretty tough to beat.

Is AT&T like Verizon?

While both AT&T and Verizon offer vast 4G networks that cover almost all of the U.S., their 5G networks aren't the same. AT&T offers low-band 5G across much more of the U.S. than Verizon does. Conversely, Verizon provides fast millimeter wave 5G also known as Ultra Wideband 5G in parts of many more cities than AT&T.

Is AT&T Verizon Wireless?

More than 1 million Verizon customers in 18 states now are AT&T subscribers, but their plans wont change for a while. AT&T Inc. has wrapped the acquisition of Verizon Wireless assets in a number of states, but Verizon customers plans and coverage will stay the same for about the next year.

Is Verizon Wireless part of AT&T?

AT&T and Verizon are not the same company. They have separate cellular networks that operate on different licensed cellular frequencies. The key difference is coverage, pricing, amount of 5G that is deployed and active. AT&T has the edge by a slight amount in coverage.

Is Coca Cola blue-chip?

Some examples of blue chip stocks are Coca Cola, Apple, IBM, American Express, McDonalds, DuPont, and American Express.

Is McDonald's a blue-chip?

Blue-Chip Stocks to Buy: McDonald's (MCD)

McDonald's (NYSE:MCD) has raised its dividend payment every year since 1976. Yet MCD stock has struggled in recent years. Year-to-date (YTD), the share price is down 6%. Over five years, it is up only 45%.

Is Netflix a blue-chip company?

Streaming pioneer Netflix (NASDAQ:NFLX) usually makes the list of the top blue-chip entertainment stocks. Through its transformative streaming service, the platform has disrupted the cable industry and then some.

Is Comcast a blue chip stock?

MOAT devotes just 7.11% of its weight to the communication services sector, but Comcast (CMCSA) — one of the ETF's holdings — is a blue chip member of that sector. The stock trades at a steep discount to fair value estimates.

Is Costco a blue chip stock?

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.

Is Pepsi a blue-chip?

These blue-chip stocks are highly undervalued and will solidify your portfolio over the long term. Visa (V): A global fintech giant, Visa is set to benefit enormously from the transition towards digital payments. PepsiCo (PEP): This dividend stock is the one to hold until your retirement.

Is FedEx a blue-chip?

Despite its current price, it suggests that FedEx offers potential for significant growth, making it an appealing option for investors seeking growth in a stable and solid blue-chip company.

Is Lowes blue-chip?

Lowe's is a blue-chip stock that offers investors reliability and resilience amid market fluctuations.

Is Home Depot a blue chip stock?

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.

Is Tesla a blue-chip company?

Tesla (TSLA)

I believe TSLA will be among the hottest blue-chips this year. It's worth noting that in July 2023, the stock touched highs of $300. This has been followed by some correction and consolidation, and TSLA stock trades at $250.

Is Google a blue-chip company?

Anchored by core Google properties and its $150 billion stockpile, Alphabet has the stability and vision to drive transformational growth, which is why it's on this list of stable blue-chip stocks.

Is Toyota a blue chip stock?

So, in terms of the service component, Toyota should be able to outperform its rivals. And yeah, it's one of the discount blue-chip stocks, trading at 9.48X trailing earnings (without non-recurring items or NRI).