7 blue chip stocks to Buy on the Dip: April 2024

Recent market volatility may have many market participants buying major tech stocks on the dip , but the genuine opportunity may lie with blue chip stocks to buy on the dip. Blue-chips can be a great cornerstone for your portfolio. Representing ownership in venerable companies with consistent cash flow, blue chips typically experience steady price appreciation. Couple that with consistent dividends and dividend growth, and the total returns from such stocks can be quite solid. Yes, it’s not only market turbulence that has knocked down many blue chip stocks over the past few months. Company-specific factors have played a role as well. However, in many such cases, these headwinds are temporary and have become overly priced into shares. With this in mind, let’s dive in, and see why the following seven blue chip stocks to buy on the dip this month offer the opportunity to buy high-quality at a more-than-reasonable price. CVS Health (CVS) Source: Shutterstock CVS Health (NYSE: CVS ) is best known for its chain of pharmacies....

InvestorPlace - 4/25/2024 6:50:00 AM More News for LOW
Stock Analysis for LOW
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