Is T Rowe Price Blue Chip Growth a good fund?
Overall Rating
Average Price Target
Rowe Price Blue Chip Growth Fund, Inc. holdings in the last 3 months. The average price target is $190.39 with a high forecast of $222.89 and a low forecast of $156.25. The average price target represents a 15.30% change from the last price of $165.13.
Overall Rating
Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1293 funds within its Morningstar Category.
- HDFC Top 100 Fund.
- ICICI Prudential Bluechip.
- SBI Bluechip Fund.
- Axis Bluechip Fund.
- Mirae Asset Large Cap Fund.
- Kotak Bluechip Fund.
- Aditya Birla Sun Life Front.
- Invesco India Bluechip Fund.
Rowe Price Blue Chip Growth I (TBCIX). TBCIX has a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on various forecasting factors like size, cost, and past performance.
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.
Rowe Price Group's earnings per share has basically not grown from where it was five years ago, which could erode the purchasing power of the dividend over time. T. Rowe Price Group is struggling to find viable investments, so it is returning more to shareholders.
Over 70% of our mutual funds with a 10-year track record have outperformed their 10-year Lipper average as of 12/31/2023. Over 95% of our Retirement Funds with a 10-year track record beat their 10-year Lipper average as of 12/31/2023.
Fund | Symbol | 5-year average annual return |
---|---|---|
Elfun Trusts | ELFNX | 17.82 |
Needham Aggressive Growth Retail | NEAGX | 24.49 |
Cantor Growth Equity A | FICGX | 16.46 |
BNY Mellon Large Cap Securities Inc | DREVX | 17.1 |
Rowe Price offers functional news and marketing information. Vanguard does not offer real-time streaming news, but does offer news articles. Overall, T. Rowe Price has a small edge over Vanguard for their overall account and research amenities offerings.
What is T. Rowe Price ranked?
The T. Rowe Price College Savings Plan was ranked #8 for 529 plan performance in the 1-year period, #3 in the 5-year period, and #6 in the 10-year period as of 12/31/2023.
The Zacks Consensus Estimate for T. Rowe Price's 2024 and 2025 earnings has been revised 1.6% and marginally upward over the past 30 days, respectively. This shows that analysts are optimistic regarding the company's earnings growth prospects. TROW currently carries a Zacks Rank #2 (Buy).
- Bandhan Banking & PSU Debt Fund.
- Axis Banking & PSU Debt Fund.
- Aditya Birla Sun Life Banking & PSU Debt Fund.
- DSP Banking & PSU Debt Fund.
- Kotak Banking & PSU Debt Fund.
Fund Name | Category | 1Y Returns |
---|---|---|
JM Flexicap Fund | Equity | 61.9% |
SBI Long Term Equity Fund | Equity | 60.0% |
Bandhan Tax Advantage (ELSS) Fund | Equity | 16.8% |
ICICI Prudential Large & Mid Cap Fund | Equity | 46.8% |
- HDFC Corporate Bond Fund.
- Aditya Birla Sun Life Corporate Bond Fund.
- ICICI Prudential Corporate Bond Fund.
- Sundaram Corporate Bond Fund.
Rowe Price (NASDAQ – GS: TROW) helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first.
Overall Rating
Morningstar has awarded this fund 3 stars based on its risk-adjusted performance compared to the 1111 funds within its Morningstar Category.
Compared to the current market price of 114.74 USD, T Rowe Price Group Inc is Undervalued by 6%.
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.
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.
Which is better blue-chip or index fund?
Therefore, investors would be better off investing in an index fund instead of large-cap or Bluechip funds. This way, they don't need to worry about the performance of their scheme or selecting a fund that would outperform the index. Now, let's understand how index funds work.
We use strict controls to help ensure that your online communications and transactions are safe and reliable. T. Rowe Price will not request sensitive personal information via email or text message.
Rowe Price on nearly every level, including Fidelity having more robust platforms with more competitive commissions. This is especially true for options trading. Moreover, Fidelity offers better stock/ETF screeners, better analytics, better reporting, and better investing tools than T. Rowe Price's platforms.
At age 60–69, consider a moderate portfolio (60% stock, 35% bonds, 5% cash/cash investments); 70–79, moderately conservative (40% stock, 50% bonds, 10% cash/cash investments); 80 and above, conservative (20% stock, 50% bonds, 30% cash/cash investments).
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