Is T. Rowe Price Blue Chip Growth a good fund? (2024)

Is T. Rowe Price Blue Chip Growth a good fund?

Overall Rating

What is the growth outlook for T. Rowe Price Blue Chip?

Based on 80 Wall Street analysts offering 12 month price targets to T. Rowe Price Blue Chip Growth Fund Inc I holdings in the last 3 months. The average price target is $191.20 with a high forecast of $224.37 and a low forecast of $157.27.

Are blue chip funds good or bad?

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.

Who is better Vanguard or T. Rowe Price?

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.

Is Fbgrx a good investment?

Over the past three years, FBGRX's standard deviation comes in at 23.91%, compared to the category average of 17.6%. The fund's standard deviation over the past 5 years is 24.34% compared to the category average of 18.27%. This makes the fund more volatile than its peers over the past half-decade.

Is T. Rowe Price struggling?

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.

Which blue chip fund to invest in?

Kotak Bluechip Fund, a prominent large-cap mutual fund in India, boasts a 15.1% 3-year return and a 17.4% 5-year return. Focused on renowned blue chip companies, it stands out as a preferred choice for investors seeking consistent blue chip mutual fund returns and exposure to market leaders poised for growth.

What is the return of blue chip fund?

1. Current NAV: The Current Net Asset Value of the SBI Bluechip Fund as of Apr 16, 2024 is Rs 79.70 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 27.27% (1yr), 17.32% (3yr), 15.56% (5yr) and 12.19% (since launch).

Should I buy blue chip?

Blue chips are considered safe investments due to their longstanding financial stability. They may have survived difficult challenges and market cycles over the years.

Are blue chip stocks good for retirement?

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.

Where does T. Rowe Price rank?

Out of 800 companies, T. Rowe Price ranked 74th, and it was the company ranked 5th in the Banking and Finances Industry category. We invest in the success of our associates as they apply their passions to create positive change in our communities.

Is T. Rowe Price better than Fidelity?

Final Verdict. For all but long-term mutual fund traders, Fidelity's platforms and overall offering are simply better than T. Rowe Price on nearly every level, including Fidelity having more robust platforms with more competitive commissions.

What is special about T. Rowe Price?

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.

How secure is T. Rowe Price?

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.

Who is the largest shareholder of T. Rowe Price?

T. Rowe Price Group is not owned by hedge funds. The Vanguard Group, Inc. is currently the largest shareholder, with 12% of shares outstanding. In comparison, the second and third largest shareholders hold about 8.7% and 6.8% of the stock.

Is T. Rowe Price Balanced fund a good fund?

Overall Rating

Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 686 funds within its Morningstar Category.

What are the benefits of blue chip fund?

Blue-chip stocks typically have solid balance sheets, steady cash flows, proven business models, and a history of increasing dividends. For that reason, investors generally consider blue-chip stocks to be among the most secure stock investments because of their track records and performance history.

What are the positives negatives of buying a blue chip stock?

Although blue-chip stocks are generally considered a safe investment, there are still risks involved. The value of the stock can still fluctuate based on market conditions, and there is always the risk of a company experiencing financial difficulties or unexpected events that can negatively impact its stock price.

What is the ticker symbol for T Rowe Price blue chip Growth t7?

Blue Chip Growth Fund (TRBCX) | T. Rowe Price.

Is blue chip high risk?

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.

What is the average return on blue chip stocks?

In general, the average rate of return on blue-chip stocks is around 10%, which is similar to the indices that they are featured on. A good indicator of blue-chip status is if the company is listed on a renowned stock index.

What is the difference between a blue chip stock and a mutual fund?

Blue Chip Stocks will give index average returns in the long run. The average index average returns in India for past 10 years is around 14%. hence, investors can expect 14–15% annual returns by direct investing in Blue Chip Stocks. Small Cap/Mid Cap/Thematic funds can give higher returns than blue chip stocks.

What is the best stock for retirees?

Just like Johnson & Johnson (NYSE:JNJ), Pfizer Inc. (NYSE:PFE), and The Proctor and Gamble Company (NYSE:PG), Verizon Communications Inc. (NYSE:VZ) is one of the best retirement stocks to buy according to the media.

How much stock should retirees own?

Cash: 8% of assets are kept in cash for years 1 and 2 of retirement. Bonds: 32% of assets are kept in bonds for years 3-10 of retirement. Stocks: 60% of assets are kept in stocks for year 11 and beyond.

How much should a retiree have in stocks?

At retirement, we suggest taking a more balanced approach, with an allocation of 40% to 60% in stocks.