Best Blue Chip Stocks To Invest In 2019

tags:EXC,OI,CLLS,TC,

On Wednesday, stocks recovered following the worst day overall since October. The gains were led by the technology sector, which in many cases reversed following their worst day of the year on Tuesday.

However, despite the tech rebound, the blue chips lagged pulling the Dow Jones Industrial Average down less than 0.1%. Nike Inc (NYSE:NKE), a Dow component, fell 7.1%, pulled lower by a lackluster outlook for sales growth.

The technology sector of the S&P 500 rose 0.8%, its biggest gain in three weeks. The Nasdaq, which is tech heavy, rose 0.5%, and the 500 jumped chiefly on gains by technology giants Microsoft Corporation (NASDAQ:MSFT), up 1.3%, Apple Inc. (NASDAQ:AAPL), up 1.1%, and Facebook Inc (NASDAQ:FB), up 1.1%. The PHLX Semiconductor Index (NASDAQ:SOXX) did its part by gaining 1.1%.

Crude oil (WTI) fell 0.4% as data showed that stockpiles of crude hit a new record high. Spot WTI closed at $48.04 per barrel for a fall of 11% so far in March.

At the close, the Dow Jones Industrial Average fell 7 points at 20,661, the S&P 500 rose 4 to 2,348, the Nasdaq gained 28 points to close at 5,822, and the Russell 2000 fell a point to 1,346. The NYSE ‘s primary exchange traded 899 million shares with total volume of 3.5 billion shares, and the Nasdaq crossed 1.8 billion shares. On the Big Board, advancers exceeded decliners by 1.1-to-1, and on the Nasdaq, decliners led by 1.3-to-1. Blocks on the NYSE fell to 6,935 from 7,804 on Tuesday.

Best Blue Chip Stocks To Invest In 2019: Exelon Corporation(EXC)

Advisors' Opinion:

• [By Max Byerly]

  Exelon Co. (NYSE:EXC) reached a new 52-week high during trading on Friday . The stock traded as high as $42.72 and last traded at $42.60, with a volume of 8891162 shares changing hands. The stock had previously closed at $42.28.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Exelon (EXC)

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

• [By Stephan Byrd]

  Investors bought shares of Exelon (NYSE:EXC) on weakness during trading on Wednesday. $34.07 million flowed into the stock on the tick-up and $18.56 million flowed out of the stock on the tick-down, for a money net flow of $15.51 million into the stock. Of all stocks tracked, Exelon had the 24th highest net in-flow for the day. Exelon traded down ($0.42) for the day and closed at $39.79

Best Blue Chip Stocks To Invest In 2019: Owens-Illinois Inc.(OI)

Advisors' Opinion:

• [By Stephan Byrd]

  Riverhead Capital Management LLC grew its position in Owens-Illinois (NYSE:OI) by 376.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,233 shares of the industrial products company’s stock after buying an additional 81,550 shares during the quarter. Riverhead Capital Management LLC owned 0.06% of Owens-Illinois worth $2,236,000 at the end of the most recent quarter.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Owens-Illinois (OI)

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

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Owens-Illinois (OI)

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

• [By Todd Campbell, Rich Smith, and Neha Chamaria]

  There isn't much love for�Owens Corning (NYSE:OI),�Camping World Holdings�(NYSE:CWH), and Oceaneering International (NYSE:OII)�on Wall Street right now, but that could be about to change. Some of our top Motley Fool investors think the tough times�that have soured the mood of institutional investors on these stocks could be ending and that could make these stocks bargains worth buying.�

• [By Stephan Byrd]

  Owens-Illinois (NYSE:OI)’s share price reached a new 52-week high and low during trading on Tuesday . The stock traded as low as $18.21 and last traded at $18.01, with a volume of 79684 shares. The stock had previously closed at $18.82.

• [By Ethan Ryder]

  An issue of Owens-Illinois Inc (NYSE:OI) bonds rose 1.1% against their face value during trading on Thursday. The debt issue has a 5% coupon and is set to mature on January 15, 2022. The debt is now trading at $99.50 and was trading at $99.88 one week ago. Price moves in a company’s bonds in credit markets sometimes predict parallel moves in its share price.

Best Blue Chip Stocks To Invest In 2019: Cellectis S.A.(CLLS)

Advisors' Opinion:

• [By Stephan Byrd]

  Shares of Cellectis SA (NASDAQ:CLLS) have earned an average recommendation of “Hold” from the nine research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $42.00.

Best Blue Chip Stocks To Invest In 2019: Thompson Creek Metals Company Inc.(TC)

Advisors' Opinion:

• [By Shane Hupp]

  Tucows (NASDAQ:TCX) (TSE:TC) was downgraded by investment analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a report issued on Thursday.