Top 5 Blue Chip Stocks To Buy Right Now

European Pressphoto Agency

An upbeat reading on U.S. retail sales isn’t enough to keep U.S. stock indices from tanking today. The Dow dropped more than 200 points in late afternoon market action.

The Dow Jones Industrial Average dropped 1.19% and the S&P 500 fell 1% while the Nasdaq Composite fell 0.6%.

Energy and financial shares in the S&P 500 led the declines with the Energy Select Sector SPDR ETF (XLE) and the Financial Select Sector SPDR ETF (XLF) falling 1.5% and 1.3%respectively.

Stock indices have fluctuated severely this week. The Dow posted its biggest gain since March on Tuesday, only to record its worst fall since Feb. 11 the next day. As of now, the blue chip index is poised to record its third straight weekly loss.

Investors are facing a variety of overhangs, from cloudy expectations for corporate earnings to next month’s Federal Reserve meeting and the UK is poised to vote on whether to exit the European Union.

Top 5 Blue Chip Stocks To Buy Right Now: Ampco-Pittsburgh Corporation(AP)

Advisors’ Opinion:

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Ampco-Pittsburgh (AP)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By ]

    This 2011 photo provided by Russell Investments shows Steve Wood, chief market strategist for Russell Investments. Investors are fearful of runaway inflation, and they keep waiting for signs inflation is about to pick up. Most experts agree that inflation is going to speed up, and that the Federal Reserve will keep raising interest rates in order to keep inflation pressures from getting out of control. While the timing is unclear, Wood says it’s not too soon to prepare. (Photo: AP)

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    Mexico City (AP) — A powerful magnitude-7.2 earthquake shook south and central Mexico Friday, causing people to flee swaying buildings and office towers in the country's capital, where residents were still jittery after a deadly quake five months ago.

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    Washington (AP) — While railing against California for its so-called sanctuary immigration policies, President Donald Trump referred to some people who cross the border illegally as "animals" — drawing a sharp rebuke from Democratic leaders for the harsh rhetoric.

Top 5 Blue Chip Stocks To Buy Right Now: General Motors Company(GM)

Advisors’ Opinion:

  • [By John Rosevear]

    General Motors (NYSE:GM) said that its first-quarter net income fell 59%, to $1.1 billion, on a planned drop in pickup-truck production and a big one-time charge for restructuring in Korea.

  • [By Paul Ausick]

    General Motors Co. (NYSE: GM) traded down about 0.6% Wednesday and posted a new 52-week low of $33.35 after closing Tuesday at $33.55. The stock’s 52-week high is $46.76 Volume was about equal to the daily average of around 11 million. The company said that it plans to return headquarters operations from New York to Detroit. Shares reversed course and look to add about 0.8% today.

  • [By Paul Ausick]

    General Motors Co. (NYSE: GM) on Monday reported new car sales in China for the third quarter of 2018. Sales were down 14.9% year over year, which GM attributed to a “softening vehicle market.” For the first nine months of the year, sales are down 2.5% compared to 2017 sales.

  • [By Douglas A. McIntyre]

    Surprisingly, several luxury brands that have some very expensive models in their lineups did very poorly. As mentioned, Jaguar was at the bottom along with Fiat. Land Rover, made by the same parent as Jaguar, posted a score of 48. General Motors Co.’s (NYSE: GM) Cadillac brand ranked 26th with a rating of 57. Cadillac’s management has attempted to build cars, crossovers and sport utility vehicles to take market share from BMW, Mercedes, Audi and Lexus. That attempt has failed.

  • [By ]

    Tickers mentioned: (GM) , (UA) , (AMZN) , (STZ) , (DE) , (UTX) , (QCOM) , (NVDA) , (INTC) , (MU) , (GOOGL) , (VZ) . Goldman Sachs, Amazon, Constellation Brands, Nvidia and Alphabet are holdings in Action Alerts PLUS.

  • [By Daniel Miller]

    Detroit automakers are well-known for making phenomenal trucks and SUVs. But one area where both Ford Motor Company (NYSE:F) and General Motors (NYSE:GM) have historically lagged foreign competitors has been their luxury lineups. Furthermore, Detroit automakers have begun distancing themselves from producing sedans and passenger cars in the U.S. market. So what’s up with GM’s $175 million investment to build two next-generation Cadillac sedans? And why should investors care?

Top 5 Blue Chip Stocks To Buy Right Now: Timken Company (TKR)

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Timken (TKR)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    CryptoInsight (CURRENCY:TKR) traded flat against the dollar during the 24 hour period ending at 21:00 PM Eastern on September 11th. One CryptoInsight token can now be purchased for about $0.0040 or 0.00000063 BTC on major exchanges including HitBTC and IDEX. Over the last week, CryptoInsight has traded down 15.8% against the dollar. CryptoInsight has a market cap of $49,784.00 and $0.00 worth of CryptoInsight was traded on exchanges in the last 24 hours.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Timken (TKR)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Bank of Montreal Can acquired a new position in shares of Timken Co (NYSE:TKR) during the second quarter, HoldingsChannel reports. The firm acquired 2,822 shares of the industrial products company’s stock, valued at approximately $123,000.

Top 5 Blue Chip Stocks To Buy Right Now: Energy Focus, Inc.(EFOI)

Advisors’ Opinion:

  • [By Max Byerly]

    Shares of Energy Focus Inc (NASDAQ:EFOI) have been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $4.00.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Energy Focus (EFOI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Blue Chip Stocks To Buy Right Now: Blackrock MuniYield Fund, Inc.(MYD)

Advisors’ Opinion:

  • [By Max Byerly]

    Blackrock Muniyield Fund Inc. (NYSE:MYD) announced a monthly dividend on Thursday, September 6th, Wall Street Journal reports. Stockholders of record on Friday, September 14th will be given a dividend of 0.061 per share by the financial services provider on Monday, October 1st. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend is Thursday, September 13th.

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