Should I buy Fidelity blue chip? (2024)

Should I buy Fidelity blue chip?

Fidelity Blue Chip Growth Fund (FBGRX) is a potential starting point. FBGRX has a Zacks

Mutual Fund Rank of 2 (Buy), which is based on various forecasting factors like size, cost, and past performance.

Is Fidelity Blue Chip a good investment?

Fidelity Blue Chip Growth: Performance Highlights

The fund's excess returns have also been mostly consistent: Over the 140 monthly rolling three-year periods on Kalra's watch, the fund outperformed the index three fourths of the time and nearly always landed in the category's top third.

Is investing in bluechip a good idea?

Blue chip stocks are usually less risky and thus considered safer than other stock-based investment options. That's because one of the major determining factors of a blue chip stock is that it must be a well-capitalized company, meaning it should have the financial fortitude to endure an inevitable economic downturn.

Is it safe to invest in blue chip funds?

Yes, Blue Chip Funds can generally be good investments. They focus on well-established, financially stable companies, offering stability and the potential for consistent returns. However, suitability depends on your financial goals and risk tolerance.

What is the outlook for fidelity blue chip growth fund?

Based on 216 Wall Street analysts offering 12 month price targets to Fidelity Blue Chip Growth Fund holdings in the last 3 months. The average price target is $227.62 with a high forecast of $283.43 and a low forecast of $177.76. The average price target represents a 21.69% change from the last price of $187.06.

Is Bluechip fund good for long-term?

It has consistently beaten its benchmark in the past 8 out of 10 calendar years. Only recently, that is, in 2021 and 2022, the fund has underperformed its peers and benchmark. Nevertheless, its long-term track record remains unscathed.

What are the cons of blue chip stocks?

Cons of Blue chip stocks

Lower Growth Potential: Despite the fact that blue chip stocks often have solid profitability, their rate of growth is typically slower than that of other equities because of the markets they participate in.

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How risky is blue chip?

Low Risk: As industry leaders with reliable cash flows and long histories of paying their debts, blue chip companies are considered to be low risk. They are unlikely to suffer from a sudden credit or liquidity crunch.

Should you only invest in blue chip stocks?

Blue Chips as Part of a Larger Portfolio

While blue chip stocks are appropriate for use as core holdings within a larger portfolio, they generally shouldn't be the entire portfolio. A diversified portfolio usually contains some allocation to bonds and cash.

Are blue chip stocks good for retirement?

Investing in fundamentally strong blue-chip stocks is a proven strategy to build long-term wealth. Typically, blue-chip companies enjoy multiple competitive moats and market-leading positions, allowing them to generate stable cash flows across market cycles.

What are the top 10 holdings in Fidelity Blue Chip Growth?

What companies are in Fidelity blue-chip?

Is FBGRx a good retirement fund?

Fidelity Blue Chip Growth Fund (FBGRX)

One of Fidelity's top-performing funds, FBGRX is also one of its oldest. Dating back to 1987, FBGRX has managed to outperform the Russell 1000 Growth Index since inception, returning an annualized 12.9% versus 11.5%.

Which is better, blue chip or index fund?

Go for one that has the lowest tracking error. Passive schemes with a very high tracking error can defeat the entire purpose of Index investing. Read here to understand more about tracking errors and their impact on investors. If you are looking to invest in bluechip funds, better go the index fund way.

What is the return of blue chip fund?

1. Current NAV: The Current Net Asset Value of the SBI Bluechip Fund as of Apr 19, 2024 is Rs 79.79 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 26.12% (1yr), 16.48% (3yr), 15.08% (5yr) and 12.1% (since launch).

What is the difference between a mutual fund and a blue chip stock?

Blue-chip companies are those that are financially stable and have a strong reputation in the market for sustained growth. Blue-chip stocks are the equities of such corporations, and blue-chip funds are equity mutual funds that invest a significant portion of their assets in blue-chip stocks.

Why do people invest in blue chip stocks?

Blue-chip stocks typically have solid balance sheets, steady cash flows, proven business models, and a history of increasing dividends. For that reason, investors generally consider blue-chip stocks to be among the most secure stock investments because of their track records and performance history.

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The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, Uber Technologies, and Zoom Video Communications.

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