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. |
Reduced spending on advertising led to a 2.8% revenue drop for this company during the most-recent quarter.
However, high-speed Internet expansion and upgrade plans point to higher revenue and cash flow ahead.
The stock trades at 17.9 times the company’s 2021 earnings forecast.
BCE INC. (Symbol BCE on… Read More
The most profitable stocks to invest in for your diversified portfolio will include not just blue chips, but also top growth stocks
To build a strong portfolio, we advise investors to look for blue chip companies that are likely to pay off if business and the… Read More
This firm is well positioned to keep weathering any COVID-19 disruptions to its shipping markets. That resilience, efficiency and forward-looking management style is why it was our #1 pick in 2019, 2020 and now 2021.
The stock trades at reasonable 23.4 times the company’s 2021 earnings… Read More
In response to the pandemic, Canadian banking regulators forced banks to suspend share buybacks, freeze their dividends and set aside significant capital to account for bad loans.
Still, this bank was able to go ahead with a 2.9% increase in May, and we rate that payment… Read More
Many companies sell shares in a subsidiary to the public before handing out the remaining shares in the new firm to its existing shareholders. This process—called a carveout—gives the new company a chance to build up a following with analysts and investors.
This telecom operator’s successful… Read More
Despite the economic disruption brought on by COVID-19, including a 20.3% earnings drop in the fourth quarter, this bank still enjoys excellent prospects.
The stock trades at just 11.5 times the company’s 2021 earnings forecast.
BANK OF NOVA SCOTIA (Toronto symbol BNS; www.scotiabank.com) set aside $1.13 billion… Read More
The best blue chip stocks to invest in now have strong reputations, a history of success, and stock characteristics that lead you to believe that you can hold them indefinitely
The general definition of a blue chip is a company with a national reputation for quality,… Read More
Use these stock tips for long-term investment success and you will be on the path to higher portfolio returns with less risk
The core of our long-term investing approach is identifying well-financed companies that are established in their businesses and have a history of earnings and… Read More
To identify the best blue chip stocks for beginners, start with our three-part Successful Investor approach
Here’s a top tip on blue chip stocks for beginners: We feel most investors—both new and experienced—should hold the largest part of their investment portfolios in securities from blue chip… Read More
This company caters to some of the world’s wealthiest individuals with plenty of money to spend as the global economy recovers. This should help its revenue, earnings and share price despite today’s higher loan-loss provisions.
In the meantime, the shares trade at a very reasonable 19.0… Read More
This firm is one of our top picks thanks to its strong balance sheet, sharply higher earnings and prospects for strong dividend growth.
We expect our subscribers will continue to love this company’s growth potential as it keeps delivering on its promises.
THOMSON REUTERS CORP. (Toronto symbol… Read More
Looking for top blue-chip dividend stocks to add to your portfolio? Follow our advice and it will help you spot the best of these key portfolio builders.
There are a host of key indicators to determine if a security is a safer investment, like management integrity,… Read More
The coronavirus pandemic has presented this industrial firm with unique challenges including an 8.9% revenue drop. However, the company has streamlined operations, cut costs and is prepared to future growth.
The positive long-term outlook is boosted by technology innovation through its venture capital investments.
GOODYEAR TIRE &… Read More
This telecom giant has aggressively transformed itself from a traditional phone company into one of the world’s largest providers of wireless and Internet services.
Its latest move is to expand its ultrafast 5G wireless network to attract even more wireless users. That should generate higher… Read More
Although COVID-19 has slowed share-price growth, both firms should rebound quickly once the coronavirus outbreak ease. Meanwhile, investors tap their high, sustainable dividends.
Canadian finance regulators have instructed banks and other big financial institutions to freeze their dividends during the COVID-19 pandemic. However, both companies are… Read More
COVID-19 forced a lot of restaurant closures and led to a 1.4% drop in overall sales in the most recent quarter.
However, revenue did beat consensus forecasts and same-store sales in U.S. operations rose as people ordered remotely. The company is capitalizing on this new trend… Read More
Canada’s Big Five banks continue to set aside large amounts for any rise in loan losses, although this particular bank has to set aside significantly less this quarter as only 5.1% of borrowers are in COVID-19 sensitive industries.
In the meantime, most borrowers continue to pay… Read More
Canada’s Big Five banks continue to set aside large amounts for any rise in loan losses because of COVID-19’s economic impact. Regulators have also ordered the banks to freeze their dividends to preserve capital.
Like the other Big Five, this bank is seeing falling earnings due… Read More
Some of the best stock market tips focus on selecting the right blue-chip stocks, and then diversifying and balancing your portfolio
We continually scour the Canadian and U.S. markets for new stocks to recommend as buys. We generally get excited about only a handful—that is, excited… Read More
Canada’s Big Five banks continue to set aside large amounts for loan losses because of COVID-19’s economic impact.
However, most borrowers continue to pay their loans on time and this bank’s customers should prove to be no exception. A switch to online banking services should also… Read More
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Learn everything you need to know in 'The Best Blue Chips for Canadian Investors' FREE Special Report from The Successful Investor.
Canadian Blue Chip Stocks:
Bank of Nova Scotia, CP Rail, CAE Inc. and more.
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