September 24, 2023
In gambling "Blue Chip" means the high value or most expensive chips.
We use this name as a the symbol of the safe, highly valuable, and popular stock which is good for every investors portfolio.
What are Blue Chip Stocks?
In general blue-chip companies include leaders of the market, and most of the time these are the members of the S&P 500, Dow Jones, Nasdaq-100, AXS 200, CAC 40, and FTSE100.
In Simple terms, Blue Chip Stocks includes -
The company list varies, but these are the common example - IBM, Apple, Wal-Mart, Johnson & Johnson, Coca-Cola, and Berkshire Hathaway.
Top 10 Blue Chip Stocks For 2023
Here is the list of top blue-chip stocks (most successful companies) with the largest market capitalization -
Stock | Symbol | Price | Marketcap | Change | Sector | Industry | Chart (5D) | Dividend Yield | Dividend Rate | Shares | EPS | 52 Week Range | Employees | Currency | Country | Company | Exchange |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apple Inc. AAPL | AAPL | $220.3 | 3.3T | $0.5 | 0.4% | 1.0 | 15,204,100,096 | 6.6 | 0 | USD | Apple Inc. | NMS | |||||
Amazon.com, Inc. AMZN | AMZN | $175.6 | 1.8T | $4.3 | 0.0% | 0.0 | 10,495,599,616 | 4.2 | 0 | USD | Amazon.com, Inc. | NMS | |||||
Berkshire Hathaway Inc. BRK-A | BRK-A | $696,142.4 | 1.0T | $6,855.4 | 0.0% | 0.0 | 553,234 | 47.2K | 0 | USD | Berkshire Hathaway Inc. | NYQ | |||||
Coca-Cola Company (The) KO | KO | $72.1 | 310.6B | $0.9306 | 2.7% | 1.9 | 4,309,870,080 | 2.5 | 0 | USD | Coca-Cola Company (The) | NYQ | |||||
3M Company MMM | MMM | $129.7 | 71.3B | $1.1 | 4.1% | 5.2 | 549,353,984 | 2.6 | 0 | USD | 3M Company | NYQ | |||||
Microsoft Corporation MSFT | MSFT | $405.1 | 3.0T | $3.4 | 0.7% | 3.0 | 7,433,039,872 | 11.8 | 0 | USD | Microsoft Corporation | NMS | |||||
Walmart Inc. WMT | WMT | $77.3 | 621.5B | $0.68 | 1.0% | 0.8 | 8,038,249,984 | 1.9 | 0 | USD | Walmart Inc. | NYQ | |||||
Home Depot, Inc. (The) HD | HD | $364.8 | 362.4B | $4.8 | 2.5% | 8.8 | 993,292,992 | 14.9 | 0 | USD | Home Depot, Inc. (The) | NYQ | |||||
Amgen Inc. AMGN | AMGN | $327.5 | 176.0B | $7.0 | 2.7% | 8.8 | 537,329,024 | 5.8 | 0 | USD | Amgen Inc. | NMS | |||||
American Express Company AXP | AXP | $252.9 | 179.8B | $8.9 | 1.1% | 2.6 | 710,912,000 | 13.4 | 0 | USD | American Express Company | NYQ |
Top 100 High Dividends Blue Stocks
In the criteria of the blue-chip stocks, some companies pay dividends and some are not. For this reason, we are sharing the top 100 companies list with high dividends.
These companies are also part of -
- Dividend Kings Stocks (50+ years of rising dividends) or
- Dividend Aristocrats Stocks (25+ years of rising dividends)
Blue Chip vs. Penny Stocks
Blue Chip Stock: This type of company is a market leader, well established, older, big market cap with a long-term profitable history. Example: Apple, Wal-Mart, and Coca-Cola.
Penny Stocks: Basically penny stocks that trade for less than $5 per share, usually it's called nano-cap, small-cap, and micro-cap stocks. (These are very risky and generally speculative stocks)
Also Check:-
Blue Chip Stock FAQ's
Q. Where did the name ‘blue chip’ come from?
The Blue-Chip name comes from Poker, where these are the most valuable chips. (1890 In USA)
Q. What are some Australian examples of blue-chip stocks?
In Australia Standard & Poor’s ASX 20 companies are considered for blue-chip stocks -
ASX 20 | Code | Company |
---|---|---|
1 | AMC | Amcor Plc |
2 | ANZ | Australia and New Zealand Banking Group Ltd |
3 | BHP | BHP Group Ltd |
4 | BXB | Brambles Ltd |
5 | CBA | Commonwealth Bank of Australia |
6 | CSL | CSL Ltd |
7 | GMG | Goodman Group |
8 | IAG | Insurance Australia Group Ltd |
9 | MQG | Macquarie Group Ltd |
10 | NAB | National Australia Bank Ltd |
11 | NCM | Newcrest Mining Ltd |
12 | RIO | RIO Tinto Ltd |
13 | SCG | Scentre Group |
14 | SUN | Suncorp Group Ltd |
15 | TLS | Telstra Corporation Ltd |
16 | TCL | Transurban Group |
17 | WES | Wesfarmers Ltd |
18 | WBC | Westpac Banking Corporation |
19 | WPL | Woodside Petroleum Ltd |
20 | WOW | Woolworths Group Ltd |
Q. It is safe to invest in blue-chip stocks?
Most of the time Blue-chip stocks are the largest companies and market leaders. It does not provide you a guarantee for a high return in the short term but in the long run, it's a good investment for wealth creation.
Q. How do I invest in blue-chip stocks?
For Investing purposes, you need a trading account and enough capital to buy stocks. There are two ways to invest in blue-chip stocks -
- Directly Purchase the Individual Stock.
- Use Exchange-Traded Fund (ETF)
Check -
Q. Which are the best blue-chip stocks with high dividend yield?
Here is the list of top 10 blue-chip stocks with high dividend yield -
Name | Ticker | Dividend Yield |
---|---|---|
Magellan Midstream Partners L.P. | MMP | 8.4% |
Enterprise Products Partners L P | EPD | 7.4 |
Omega Healthcare Investors, Inc. | OHI | 7.3 |
Altria Group Inc. | MO | 7.2 |
AT&T, Inc. | T | 7.1 |
Oneok Inc. | OKE | 6.5 |
Holly Energy Partners L.P. | HEP | 6.1 |
PPL Corp | PPL | 5.9 |
Iron Mountain Inc. | IRM | 5.8 |
W. P. Carey Inc | WPC | 5.6 |
Bottom Line
If you're looking for a well-known, high-potential investment without a lot of volatility, you can go with blue chip stocks. But you should be aware of their shortcomings and be prepared to supplement them with other investments for portfolio diversity and leverage
Disclaimer - All the information is given only for education purposes, it should not be treated as investment advice.
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Abhishek Vyas
Abhishek has experience of 4 years in Finance Content writing. He writes on investing in Stock Market and Cryptocurrencies.