What are the top 10 blue chip shares in Australia?

What are the top 10 blue chip shares in Australia?

What are Australia’s Blue Chip Stocks?

  • Commonwealth Bank of Australia (ASX:CBA)
  • BHP Group Ltd (ASX: BHP)
  • CSL Ltd (ASX: CSL)
  • Westpac Banking Corporation (ASX: WBC)
  • National Australia Bank Ltd (ASX:NAB)
  • Australia and New Zealand Banking Group Ltd (ASX: ANZ.
  • Fortescue Metals Group Ltd (ASX:FMG)
  • Wesfarmers Ltd (ASX: WES)

What are the best blue chip shares in Australia?

Blue Chip stocks are the house-hold names and market leaders in their sector. In Australia they are dominated by the big financials, industrials and miners and include CSL, CBA, BHP, Westpac, NAB, ANZ, Wesfarmers, Woolworths, Transurban and Telstra. Rio Tino, Newcrest and Woodside are also classic Blue Chip stocks.

What is a blue chip company in Australia?

A blue chip stock is usually an older, well-established company that has a reliable history of weathering against tough times and of growing profits. Examples include: BHP, CBA, Telstra and CSL. Penny stocks. Penny stocks tend to trade for less than $5 and are also called micro-cap stocks or small-cap stocks.

Which ASX shares are blue chip?

3 blue chip ASX 200 shares to buy

  • Goodman Group (ASX: GMG) The first blue chip ASX 200 share to look at is Goodman Group.
  • SEEK Limited (ASX: SEK) Another blue chip ASX 200 share to look at is this leading job listings company.
  • Sonic Healthcare Limited (ASX: SHL) A final blue chip ASX 200 share to consider is Sonic.

What is the most expensive share in Australia?

CSL share
The CSL share price is the highest of all the equity shares being traded on the ASX, with one share being priced at AU$342.75. Other high-priced shares on the ASX include MQG, COG, DMP, etc.

What are the best Australian companies to invest in?

Top 10 growth stocks on the ASX right now

  • Class (CL1)
  • Afterpay (APT)
  • Pointsbet (PBH)
  • Xero (XRO)
  • Kogan (KGN)
  • NEXTDC Ltd (NXT)
  • Pushpay (PPH)
  • (MYD)

Should I buy blue chip?

Blue chip stocks offer a suitable way to invest in equities at any age. They are one of the more reliable ways to grow your money over a long period of time. And because blue chip stocks are considered relatively stable, they can be less stressful to invest in than more volatile equities.

What are the best Australian stocks to buy now?

Which is the best blue chip stock in Australia?

To better understand which of our biggest and most reliable companies are dominating the market in the post-COVID-19 world, we compiled a list of the best performing blue chip stocks in Australia so far this year (to 7 October).

Which is an example of a blue chip company?

Ostensibly all companies on the ASX 100 list can be called blue chips. Examples of blue chip companies include BHP (ASX BHP), Big 4 banks like NAB and CBA and infrastructure companies like Transurban and APA.

Are there any blue chip stocks that pay dividends?

This is the symptom of low interest rates – when banks are paying basically nothing on deposits, investors are accepting lower dividend yields and driving up stock prices. However, what is more important is that these blue chip stocks all have strong growing dividends and the yields will rise over time.

Which is the best blue chip in the United States?

With more people shopping (and gaming) online, the best performing blue chips in the United States this year have included parcel delivery companies along with manufacturers of computer processing units.

What are the blue chip shares in Australia?

What are Australian Blue Chip Shares? Blue Chips are the companies listed on the ASX. They are the biggest companies by market capitalisation on the stock market. They are well established businesses that have a long record of paying stable or rising dividends.

Which blue chip stocks are a buy?

The 10 best blue-chip stocks to buy for 2021:

  • Johnson & Johnson (JNJ)
  • Berkshire Hathaway Inc. (BRK.B)
  • JPMorgan Chase & Co. (JPM)
  • 3M Co. (MMM)
  • AbbVie Inc. (ABBV)
  • The Walt Disney Co. (DIS)
  • AT Inc. (T)
  • The Procter & Gamble Co. (PG)

Is blue chip investment safe?

Because blue chip companies are relatively stable, blue chip stocks are considered a low-risk investment. In all likelihood, no matter what happens tomorrow, the most established companies in the banking or real estate sector would not to collapse overnight, so investing in them is a relatively safe bet.

Are blue chip stocks worth it?

A blue-chip stock is a nickname given to the common stock of large companies with a track record of growth. These stocks tend to cost more. But, they’re popular choices because of their stability and slow, steady growth. Their steady growth makes them good choices if you’re investing for the long term.

What is the most expensive stock in Australia?

Which blue-chip Fund is best?

6 Best Bluechip Mutual Funds SIPs To Invest in 2021

Fund Name 1 Year 3 Years
Axis Bluechip Fund 51.41% 21.11%
SBI Bluechip Direct 54.89% 17.55%
Kotak Bluechip Fund Direct 54.68% 19.41%
Franklin India Bluechip 61.81% 14.14%

How do I buy blue chip stocks in Australia?

How to buy blue chip shares in Australia

  1. Choose a share trading platform. If you’re a beginner, our table below can help you choose.
  2. Open your account. You’ll need your ID, bank details and tax file number (TFN).
  3. Confirm your payment details.
  4. Find the shares you want to buy.