What Are the Top Blue Chip Stocks for 2017?

Introduction

In the world of investing, blue chip stocks are considered to be the most reliable and stable options. These are stocks of well-established companies that have a reputation for consistently generating profits and paying dividends to their shareholders. In this article, we will be discussing the top blue chip stocks for 2017.

Apple Inc.

Apple Inc. is one of the most valuable companies in the world, with a market capitalization of over $800 billion. It is known for its innovative products such as the iPhone, iPad, and Mac. In 2017, Apple reported strong earnings, with revenue of $229 billion. The company also announced a dividend increase of 10.5%, making it a great option for dividend investors.

Microsoft Corporation

Microsoft Corporation is another blue chip stock that has been performing well in 2017. The company has a market capitalization of over $500 billion and is known for its software products such as Windows and Office. In 2017, Microsoft reported revenue of $90 billion, with a net income of $21 billion. The company also announced a dividend increase of 7.6%.

Johnson & Johnson

Johnson & Johnson is a multinational corporation that specializes in healthcare products. The company has a market capitalization of over $350 billion and is known for its consumer products such as Band-Aids and Tylenol. In 2017, Johnson & Johnson reported revenue of $71.9 billion, with a net income of $16.5 billion. The company has a long history of paying dividends and has increased its dividend for 55 consecutive years.

Procter & Gamble Co.

Procter & Gamble Co. is a consumer goods company that produces products such as Tide, Pampers, and Crest. The company has a market capitalization of over $230 billion and reported revenue of $65.1 billion in 2017. Procter & Gamble Co. has a strong dividend history, having paid dividends for over 120 years.

Conclusion

Blue chip stocks are a great option for investors who are looking for stable and reliable companies to invest in. Companies such as Apple Inc., Microsoft Corporation, Johnson & Johnson, and Procter & Gamble Co. have a long history of generating profits and paying dividends to their shareholders. As with any investment, it is important to do your research and make informed decisions. By investing in blue chip stocks, investors can potentially earn a steady stream of income and build wealth over time.