Update on P/E Ratios of Blue Chip Stocks by James R. Wigen, Sr. Portfolio Manager at IFM
Tired of Technology stocks going down? Thinking of buying Consumer Defensive stocks such as, Clorox, Hormel, Proctor & Gamble, Kraft Heinz Co., Colgate-Palmolive Co. & Hershey?
Let’s take a look at the Price/Earnings ratios to see whether these stocks may be expensive. These are examples only, not recommendations to buy:
Blue Chip Stocks
Chevron – 9.62
Chlorox – 35.53
Kraft Heinz Co. – 27.20
Colgate-Palmolive Co. – 31.06
Hershey – 28.43
Hormel – 25.23
Johnson & Johnson – 23.97
McDonalds – 28.59
Occidental Petroleum – 6.06
Pepsi – 24.84
Proctor & Gamble – 22.0
United Healthcare – 26.70
Walmart – 26.19
Blue Chip Technology Stocks
Apple – 23.57
Cisco Systems – 14.51
Facebook / Meta – 11.83
Google – 18.76
IBM – 19.94
Intel – 5.68
Microsoft – 24.89
Netflix – 22.45
By looking at these numbers, and using the buy low sell high approach, which area do you think is the better option?
If you need help with your portfolio, please contact me at J.Wigen@IFManagers.com
James CPM® designation was earned through Academy of Finance and Management or GAFM®
Investing involves serious risks and past performance is no guarantee of future performance or success. This is not an offer to buy or sell securities and nothing contained herein should be interpreted as a recommendation regarding any investment or investment strategy. Before making any decision to invest, first read the relevant disclosures and important information provided to you.
Please take the proper risk for your current situation and get the advice from a financial professional who clearly understands your current & future goals and objectives.
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All opinions expressed by James R. Wigen on this website are solely his opinions and do not reflect the opinions of IFP Advisors, LLC, dba Independent Financial Partners, (IFP). Investment Advice offered through IFP Advisors, LLC, dba Independent Financial Partners (IFP), a Registered Investment Adviser. IFP and Independent Financial Management, LLC (IFM), are separate entities.
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