55.08% Are Thinking of Buying Blue-Chip Stocks or Want To Buy More

Companies that have been in operation for many years and are financially established have the honor of their stocks being known as blue-chip stocks. This is because these companies have a big reputation and hold great market capitalization. Indeed, the stock market seems like a reliable bet. In fact, most believe that the stock market will get stronger in the coming months.

Many traders often look into investing in blue-chip stocks. Specifically, these shares are seen as a secure, stable, and safe investment. Historically, most blue-chip stocks have been known to deliver strong returns over time. Thus, Real Research launched a survey to see what the public thinks of owning blue-chip stocks. Here are the results.

Highlights

• 58.95% have invested in stocks and 54.08% currently own some.
• 33.29% exercise the most through walking, and 25.22% do exercises to stay fit.
• Only 2.42% are willing to spend over $10,001 on blue-chip stock investments.

58.95% Of the Respondents Have Invested in Stocks Before

Out of which 54.08% are currently holding stocks. In detail, the survey goes on to ask if any of the respondents have ever heard of the term ‘blue-chip stocks’. In particular, on this stock market term, 58.31% say that they have heard of ‘blue-chip stocks’.

Accordingly, the survey asks if any respondents are currently owners of blue-chip stocks. Here, it seems that 35.23% are long-term holders and 8.11% are new blue-chip holders. In contrast, 12.06% say they presently aren’t but plan on becoming blue-chip stock owners soon. The rest are a firm ‘No’ for disinterest in owning blue-chip stocks.

55.08% Are Willing To Buy Blue-Chip Stocks

Specifically, 55.08% are looking to make their first blue-chip stock commitment or buy additional ones. For more details, the survey asks how much respondents are willing to spend when making their blue-chip stock investments.

In response, 35.47% say lease than $100 and 9.90% say between $101-$300. Meanwhile between $301-$500 and $501-$1,000 both got 4.62% votes each. That left, 3.55% saying between $1,001-$5,000, 2.92% saying $5,001-$10,000, and 2.42% saying more than 10,001.

Pros and Cons of Blue-Chip Stock Investments

Next, the survey asks about the advantages of blue-chip stocks. On this, 28.71% say they are stable while 8.15% say high market capitalization. Likewise, 4.76% say it gives regular dividends, 3.67% say they are recognized brands, and 3.46% say higher returns are paid quarterly.

In contrast, the survey asks about the disadvantages of blue-chip stocks. Here, 27.43% say high share prices while 6.60% say it has slow growth, and 6.27% say it gives potential low returns. Adding on, 4.30% say low volatility, 3.52% say downside risk, and 2.78% say stocks of older and less innovative companies.