A blue chip stocks list can be very beneficial for your investment journey. In fact, many of the world’s top investors use these stocks to enhance their portfolios.
So what is a blue chip stock? And how do you buy these stocks in hopes of diversifying your portfolio? Let’s take a closer look below…
Building a Blue Chip Stocks List
Specifically, a blue chip stock is a valuable stock that has sustained growth and stability. These are the companies that are often worldwide leaders in their respective industries.
And this is on a long-term scale. These businesses have a long history and track record of profitability. That’s why a company like Tesla (Nasdaq: TSLA) isn’t on this blue chip stocks list.
While Elon Musk has built an EV empire, his company is fairly new to the stock market. Its recent quarterly financial records also show there is a long way to go for Tesla to build consistent profitability.
Nevertheless, this list will include some of the largest powers on the stock market today. Each of these companies have shown that their stock can weather the storm during difficult times. And also rise to the occasion when things are going well.
Blue chip stocks tend to show solid growth no matter where the market is heading. Overall, blue chips are less susceptible to volatility. For example, below are the leading blue chip stocks you can buy:
- Amazon (Nasdaq: AMZN)
- Alphabet (Nasdaq: GOOGL)
- Apple (Nasdaq: AAPL)
- Berkshire Hathaway (NYSE: BRK-B, NYSE: BRK-A)
- Coca-Cola (NYSE: KO)
- Disney (NYSE: DIS)
- Facebook (Nasdaq: FB)
- General Mills (NYSE: GIS)
- McDonald’s (NYSE: MCD)
- Microsoft (Nasdaq: MSFT)
As you can see, this blue chip stocks list is full of household names that have become top picks for investors. And for good reason. Each of these 10 companies has a reputation of success in the stock market.
The Best Blue Chip Stocks of the Bunch
Now, these 10 stocks have a history of not only surviving various economies, but also thriving. So which ones are the best of the bunch? Look no further than Amazon, Apple and Facebook.
While Amazon has never paid a dividend, it’s still a stock market powerhouse. It’s trading for more than $3,000 a share and shows no signs of slowing down. The multinational technology company has become the centerpiece of the “Big Four,” which also includes Google, Apple and Facebook.
Facebook is another member of this blue chip stocks list that does not pay dividends. However, its earnings-per-share (EPS) history and future projections are mouthwatering. Recent market analysis suggests Facebook will be an EPS giant for years to come.
Apple, on the other hand, pays out one of the highest dividends in the world. In 2019, Apple paid out $14.12 billion in dividends, just below Exxon Mobil (NYSE: XOM) at $14.44 billion and AT&T (NYSE: T) at $14.80 billion.
Investing in Worldwide Industry Leaders
Diversification is an important step to building a powerful investment portfolio. And this isn’t possible without including more reliable stocks. That’s where the best blue chip stocks come into play.
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Take your investment strategy to new heights and build stability within your portfolio. This blue chip stocks list is a great resource for investors of every experience level.
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