Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.
The root of the term “blue chip” stems from the game of poker, as the blue chips represent the highest value. Investing in blue chip stocks can give you an additional measure of safety in today’s turbulent markets.
Pat McKeough believes investors will profit most, and with the least amount of risk, by putting the bulk of your stock portfolio in shares of blue chip companies—those that are well-established, with strong balance sheets and steady earnings and cash flow. These are companies that have bright prospects in healthy and growing industries.
The best blue chips offer both capital gains growth potential and regular dividend income. The dividend yield is certainly one of the most concrete indicators of a sound investment. It is the percentage you get when you divide the current yearly dividend payment by the share or unit price of the investment. It’s an indicator we pay especially close attention to when we select stocks to recommend in our investment newsletters.
We feel most investors should hold the largest part of their investment portfolios in securities from blue chip companies. All these stocks should offer good “value”—that is, they should trade at reasonable multiples of earnings, cash flow, book value and so on. Ideally, they should also have above average-growth prospects in expanding markets.
Meanwhile, when investing in any type of stock, at TSI Network we recommend using our three-part Successful Investor strategy:
1-Invest mainly in well-established companies;
2-Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
3-Downplay or avoid stocks in the broker/media limelight.
 True Blue Chips pay offLearn everything you need to know in ‘The Best Blue Chips for Canadian Investors’ for FREE from The Successful Investor. Canadian Blue Chip Stocks: Bank of Nova Scotia Stock, CP Rail Stock, CAE Inc. Stock and more. |
Blue chips stocks are best known for their stability and dependable dividend yields, of course.
They’re not necessarily the stocks you pick for an 931.2% gain. Yet that’s what BCE has delivered our subscribers since we first recommended it in April 1995.
That’s an especially impressive… Read More
Canadian Pacific’s merger with Kansas City Southern Railway is now complete, the company will now be called Canadian Pacific Kansas City. The merger has boosted its already strong share price.
This deal is a game-changer for future earnings and share price growth. The approved merger of… Read More
Blue chips stocks are best known for their stability and dependable dividend yields, of course.
They’re not necessarily the stocks you pick for an 959.9% gain. Yet that’s what this one has delivered our subscribers since we first recommended it in April 1995.
That’s an especially… Read More
CP Rail’s shares rose almost 10% on news it secured the last of key regulatory approvals for its massive merger with Kansas City Southern Railway.
This deal is a game-changer for future earnings and share price growth. The approved merger of the two operations can… Read More
Investing in the best Canadian stocks to buy right now will lead you towards dividend-paying blue chips, bank stocks, and more
Are you looking for the best Canadian stocks to buy right now? For a start, we think investors should have the bulk of their investment… Read More
Due to rising inflation, particularly for food, consumers are increasingly price-sensitive. That’s prompting more shoppers to visit discount retailers like this one.
As the world’s largest retailer, the company is in a strong position to demand lower prices from its suppliers. That keeps selling prices low… Read More
For 2023, we have singled out growth stocks we think offer exceptional prospects in the year ahead. This one is a market leader in its sector.
What’s more, a recent general and specialty insurance acquisition has expanded the company’s reach into the U.K.
The stock trades at… Read More
Here’s a top pick for new buying in 2023, and this one is a leader in its market, which helps cut your risk if the economy weakens. New investments in its business should also provide many more years of rising profits beyond 2023.
That’s because… Read More
An “asset-light” business model and new technology have helped this iconic firm outperform the S&P 500. The stock remains near its 52-week highs.
A proven track record of rising dividend payouts since 1976 combines well with a strong brand and customer loyalty.
The stock trades at 26.1… Read More
TSX blue-chip stocks are key components of successful investor portfolios
TSX blue chip stocks are well-established companies with attractive business prospects and trading on the Toronto Stock Exchange, like Bank of Montreal (TSE: BMO), RioCan Real Estate Investment Trust (TSX: REI.UN), and Enbridge (TSE: ENB). Well-established… Read More
The market downturn has hit the technology sector hard as higher interest rates prompt businesses and consumers to cut their spending on new computers and software.
Even so, we feel this firm’s latest moves will help protect its current dividend. That makes it a top… Read More
We continue to recommend income-seeking investors diversify their Finance sector holdings with high-quality non-bank stocks like this one.
The firm has a long history of annual dividend increases and gets 69% of its revenue from recurring contracts, which further enhances its appeal.
The stock trades at… Read More
The top Canadian companies to invest in are mainly blue chip stocks with a proven history of success. Learn what to look for in these stocks now
Top Canadian companies to invest in are mostly blue-chip stocks that pay steady dividends and meet our Successful Investor… Read More
Hunting for some of the most predictable stocks will have you looking at proven blue chips with dividends—and more. Learn what to buy now
Conservative investing is an investment strategy that focuses on lower-risk, predictable and stable businesses. Some of the most predictable stocks worth investing… Read More
A decline in disposable face mask sales partly explained a 3.7% drop in sales for this company during the most-recent quarter.
Earnings beat consensus forecasts, however, and a new spinoff is on the way which should increase shareholder value.
Meanwhile, the stock trades at just 12.6… Read More
Improved sales led to an 8.4% revenue jump for this company and beat consensus estimates.
Business should remain strong as the company plans to keep a lid on its selling prices while cutting costs wherever possible.
The stock trades at 22.9 times the company’s 2022 earnings forecast.
True Blue Chips pay offLearn everything you need to know in 'The Best Blue Chips for Canadian Investors' for FREE from The Successful Investor. Canadian Blue Chip Stocks: Bank of Nova Scotia Stock, CP Rail Stock, CAE Inc. Stock and more. |
WALMART… Read More
‘Defensive stocks’ can protect your portfolio against economic or stock market downturns
Most so-called “defensive stocks” are in the Consumer sector. They benefit from continuous, habitual use and have a steady core of sales, regardless of the economy and business cycles. These companies typically make products… Read More
Improved sales from a recent acquisition fuelled a 41.3% revenue increase for this company during the most-recent quarter.
High demand for insurance also means the company can write more profitable policies despite recent higher catastrophe-related losses.
The stock trades at 16.4 times the company’s 2022 earnings forecast.
True Blue Chips pay offLearn everything you need to know in 'The Best Blue Chips for Canadian Investors' for FREE from The Successful Investor. Canadian Blue Chip Stocks: Bank of Nova Scotia Stock, CP Rail Stock, CAE Inc. Stock and more. |
INTACT… Read More
This company suspended dividend increases in 2020 due to uncertainty caused by COVID-19 lockdowns. Now that the economy is reopening, the company has resumed its pattern of raising the dividend twice a year.
The company also continues to develop its smaller businesses in the healthcare and… Read More
Due to the invasion of Ukraine, this world-famous company has now sold off its Russian outlets. That has triggered a writedown.
However, the temporary setback doesn’t diminish the company’s long-term prospects. A new strategy to expand its digital ordering, home delivery services and drive-thru capacity should… Read More
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Canadian Blue Chip Stocks:
Bank of Nova Scotia, CP Rail, CAE Inc. and more.
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