Blue-Chip Bargains: 3 Stocks with 50% Upside in 2024

The general rule is that higher returns come with higher risk exposure. In equities, it would imply buying growth and penny stocks that have a relatively higher beta. However, there are time when low-beta blue-chip stocks can outperform growth stocks for a certain period. This can be due to industry or company specific catalysts. Further, there can be a case of blue-chip stock bargains where the valuation gap is deep. A potential reversal in sentiment can translate into robust returns in quick time.A good e ...