Bluechip Stocks

Got $100? 5 best TSX bluechip stocks invest in

 Got $100? 5 best TSX bluechip stocks invest in

Seeing the ongoing market environment, some Canadians might want to stick with matured companies with established businesses that are lesser volatile than small-caps and mid-caps and have emerged as industry leaders. People are generally familiar w...

Read More...
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 ...

Read More...
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...

Read More...
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...

Read More...
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...

Read More...
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...

Read More...
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...

Read More...
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...

Read More...
What Are The Top 5 Bluechip Stocks?

What Are The Top 5 Bluechip Stocks?

Bluechip stocks are one of the preferred investment avenues for those looking for long-term returns. While usually expensive, these stocks belong to companies that are sturdier against market headwinds, and this often draws investor attention. Let u...

Read More...
10 Best Bluechip Stocks To Buy For 2021

10 Best Bluechip Stocks To Buy For 2021

  • June 07, 2021 08:49 AM EDT
  • Anuj

Stocks of large-cap company that have strong financials and pay regular dividends to their shareholders are labelled as bluechip stocks. Most big companies in the financial, industrials, energy and gold mining sectors come under this category. For in...

Read More...
Scotiabank (TSX:BNS) Rakes In $2.45Bn In Profit: Time To Buy?

Scotiabank (TSX:BNS) Rakes In $2.45Bn In Profit: Time To Buy?

Closing the earnings season for the Big Six banks in Canada, Bank of Nova Scotia (TSX:BNS) announced the results for its second quarter of fiscal 2021 before market open on Tuesday, June 1. Like its peers, Bank of Nova Scotia also beat analysts&rsqu...

Read More...

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.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK