Bluechip Stocks

Recession fears on your mind? 2 TSX blue-chip stocks to buy

 Recession fears on your mind? 2 TSX blue-chip stocks to buy

Some analysts are of the mixed opinion as some believe that we won't see an economic downturn, and some think that we might go through a period of economic uncertainty.

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RCI.B and NA: 2 TSX blue-chip stocks that can help amid stagflation

RCI.B and NA: 2 TSX blue-chip stocks that can help amid stagflation

The world economy is on edge amid concerns that growing inflationary pressure and risk aversion may trigger stagflation shocks. Some analysts fear that rising prices for fuel, food and metals can push inflation-struck economies towards stagnan...

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Algonquin (AQN) & Magna (MG): 2 TSX large-cap stocks on sale right now

Algonquin (AQN) & Magna (MG): 2 TSX large-cap stocks on sale right now

Including some large-cap stocks can help maintain your portfolio from market instability in the long term.  Large-cap stocks, as the name suggests, generally belong to experienced companies with a market capitalization of over C$ 10 billion. ...

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5 Canadian bluechip stocks to buy in 2022

5 Canadian bluechip stocks to buy in 2022

As Omicron cases are increasing day by day, world economies may shut their borders and place lockdown restrictions, which could worsen the supply chain crisis. Plus, inflation is another major challenge that continues to stress the economy. In suc...

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Apple’s fully self-driving EV rumored to be in the works, AAPL soars

Apple’s fully self-driving EV rumored to be in the works, AAPL soars

Highlights Apple is developing an electric vehicle and rumor has it that it will be fully self-driving If Apple can pull off a truly autonomous car, it would crack a much sought-after niche in auto manufacturing The AAPL stock has skyrocketed ...

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Top 5 Canadian bluechip stocks to invest in

Top 5 Canadian bluechip stocks to invest in

Highlights Bluechip stocks fetch higher returns in the long run and are, generally, a safe option for equity investments. One of the companies listed below posted a return on equity (ROE) of 20.89 per cent. One of them held a dividend yield of...

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10 best Canadian blue-chip stocks to buy & hold forever

10 best Canadian blue-chip stocks to buy & hold forever

When a major economic turmoil hits, be it the outbreak of a pandemic or political unrest, investors often turn to stocks belonging to large-scale, established corporations that they can rely on. In such cases, blue-chip stocks can serve the purpos...

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Does Enbridge’s (TSX:ENB) soaring revenues make it a buy & hold call?

Does Enbridge’s (TSX:ENB) soaring revenues make it a buy & hold call?

Stocks of Enbridge Inc. (TSX:ENB) declined by 0.9 per cent at market open on Friday, July 30, as the company announced results for the second quarter of this year. The oil and gas company posted strong results, but it fell short of the figures in t...

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25 best blue-chip stocks to buy in 2021

25 best blue-chip stocks to buy in 2021

Blue-chip stocks are the shares of esteemed companies with high value in equity markets. Over the years, these stocks have emerged as preferred investments because of their historic credibility and stable financial record. Apart from a good reputa...

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Which is the largest stock in Canada?

Which is the largest stock in Canada?

Canada’s equities market is considered to be among the most matured ones around the world, with large and established corporations from across sectors participating in securities trading. Among them, the financial services sector is stands apa...

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Is Enbridge (TSX:ENB) a great dividend buy after Line 3 permit?

Is Enbridge (TSX:ENB) a great dividend buy after Line 3 permit?

  • June 15, 2021 08:47 AM EDT
  • Anuj

Stocks of Enbridge Inc (TSX:ENB) climbed to a one-year high on Monday, June 14, as the Minnesota Court of Appeals permitted its Line 3 oil pipeline replacement project in the US. The pipeline will carry Canadian oilsands crude from Alberta to northw...

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Frequently Asked Questions

Blue chip stocks are named after the poker chips with the highest value. Of all stock investments, blue chips are thought to be the safest with little erratic movement. These stocks usually boast not only sound fundamentals but sound management teams too. While returns may be measured when compared to stocks of lesser established companies, they may reduce the risk of a portfolio.

An in-depth look into the company's annual and quarterly reports is merited. Look for patterns. Has the company consistently been raising its dividends, revenue and profits? Also, look for trends in the industry and sector. Many blue chips may have near-monopoly grasps but see if there are any close competitors and compare them. Study the industry to see what developments are expected in the near-to-medium term. Compare the company with others with similar market caps from other industries to give yourself options. Lastly, taking note of the fundamentals of the company is a must.

In an equity market, this goes without saying that investment is not risk-free. However, the risk may vary from low to high. For example, penny stocks are considered high-risk investments, and blue chip stocks fall under low-risk stocks. Blue-chip stocks are companies with massive market capitalization. They are considered safer than other stocks because it is assumed that the company has the strength to stay strong during times of financial crisis due to huge market capitalisation.

A stock becomes a blue-chip stock if a company has a massive market capitalization. For example, in Canada, stocks of companies with a market cap of C$ 30 billion or more are considered blue-chip stocks. A blue-chip stock is well-reputed in the market and is known for its dependable earnings and dividend payouts. Generally, blue-chip companies are market leaders and well-known across the world.

Blue-chip stocks are often considered safe havens for investors with a low-risk appetite. Blue-chip stocks are often known to provide stable returns and, hence, can be an ideal option for long term investing. Another point to note is that blue-chip stocks commonly pay steady dividends and increase dividend rates frequently.

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