If for any reason you believe you received this email in error or if you no longer wish to receive these emails, click here to unsubscribe. Image Source: Insider Monkey If you're looking for a reliable, renowned, and reputable stock, then blue-chip stocks are some of the best options out there that you can look into. A blue-chip stock is, by definition, a stock of a well-established, financially stable company with a significantly large market capitalization. Popular names in this category include McDonald's Corporation (NYSE: MCD), Target Corporation (NYSE: TGT), PepsiCo, Inc. (NASDAQ: PEP), and The Procter & Gamble Company (NYSE: PG).
Typically, blue-chip stocks have remained popular among investors. We also saw this year when JP Morgan analysts commented in April that the S&P 600 Small Cap Index fell by about 5%, while the S&P's large-cap stocks like Microsoft Corporation (MSFT) set record highs that month, allowing large-cap stocks to rise by about 4%. Analysts attributed these developments to traders settling in the comfort and familiarity of traditional blue-chip giants in favor of Reddit-approved meme stocks.
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