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-100AXS 200CAC 40, and FTSE100.

Blue Chip Stocks

In Simple terms, Blue Chip Stocks includes -

  • Top Companies of Index or Sector
  • Well Financially Established
  • Continuous Dividend Payer
  • Good Historical Returns
  • Large, Profitable & Own High Market Cap

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 -

StockSymbolPriceMarketcapChangeSectorIndustryChart (5D)Dividend YieldDividend RateSharesEPS52 Week RangeEmployeesCurrencyCountryCompanyExchange
AAPL
Apple Inc.
AAPL
AAPL$169.32.6T$0.59
0.6%1.015,441,899,5206.4
0USDApple Inc.NMS
AMZN
Amazon.com, Inc.
AMZN
AMZN$179.61.9T$5.9
0.0%0.010,402,700,2882.9
0USDAmazon.com, Inc.NMS
BRK-A
Berkshire Hathaway Inc.
BRK-A
BRK-A$606,920.0869.3B$4,640.0
0.0%0.0563,67866.4K
0USDBerkshire Hathaway Inc.NYQ
KO
Coca-Cola Company (The)
KO
KO$61.7266.2B$0.0000
3.0%1.84,311,190,0162.5
0USDCoca-Cola Company (The)NYQ
MMM
3M Company
MMM
MMM$91.850.8B$0.42
6.6%6.0553,361,02412.6
0USD3M CompanyNYQ
MSFT
Microsoft Corporation
MSFT
MSFT$406.33.0T$7.3
0.7%2.97,432,309,76011.5
0USDMicrosoft CorporationNMS
WMT
Walmart Inc.
WMT
WMT$60.2484.9B$0.05
1.3%0.88,059,789,8241.9
0USDWalmart Inc.NYQ
HD
Home Depot, Inc. (The)
HD
HD$335.1332.1B$3.1
2.6%8.5991,030,97615.1
0USDHome Depot, Inc. (The)NYQ
AMGN
Amgen Inc.
AMGN
AMGN$270.0144.8B$0.6
3.2%8.5536,376,00012.5
0USDAmgen Inc.NMS
AXP
American Express Company
AXP
AXP$235.6169.5B$1.5
1.1%2.5719,302,97612.1
0USDAmerican Express CompanyNYQ

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 -

  1. Dividend Kings Stocks (50+ years of rising dividends) or
  2. Dividend Aristocrats Stocks (25+ years of rising dividends)
(Last Update: Aug 2023)

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 20CodeCompany
1AMCAmcor Plc
2ANZAustralia and New Zealand Banking Group Ltd
3BHPBHP Group Ltd
4BXBBrambles Ltd
5CBACommonwealth Bank of Australia
6CSLCSL Ltd
7GMGGoodman Group
8IAGInsurance Australia Group Ltd
9MQGMacquarie Group Ltd
10NABNational Australia Bank Ltd
11NCMNewcrest Mining Ltd
12RIORIO Tinto Ltd
13SCGScentre Group
14SUNSuncorp Group Ltd
15TLSTelstra Corporation Ltd
16TCLTransurban Group
17WESWesfarmers Ltd
18WBCWestpac Banking Corporation
19WPLWoodside Petroleum Ltd
20WOWWoolworths 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 -

  1. Directly Purchase the Individual Stock.
  2. 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 -

NameTickerDividend Yield
Magellan Midstream Partners L.P.MMP8.4%
Enterprise Products Partners L PEPD7.4
Omega Healthcare Investors, Inc.OHI7.3
Altria Group Inc.MO7.2
AT&T, Inc.T7.1
Oneok Inc.OKE6.5
Holly Energy Partners L.P.HEP6.1
PPL CorpPPL5.9
Iron Mountain Inc.IRM5.8
W. P. Carey IncWPC5.6

Related Post -


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.

Abhishek Vyas

Abhishek has experience of 4 years in Finance Content writing. He writes on investing in Stock Market and Cryptocurrencies.

Latest Articles

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023

September 24, 2023