Is BHP a blue chip share?

Is BHP a blue chip company?

Examples of blue chip companies include BHP (ASX BHP), Big 4 banks like NAB and CBA and infrastructure companies like Transurban and APA. … BHP earnings are still dependent on volatile commodity prices like iron ore prices and copper.

What are good blue chip stocks?

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 considered a blue chip stock?

A blue-chip stock is a huge company with an excellent reputation. These are typically large, well-established and financially sound companies that have operated for many years and that have dependable earnings, often paying dividends to investors. … Some examples of blue-chip stocks are IBM Corp., Coca-Cola Co.

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)
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Is Tesla blue-chip?

(Bloomberg) — Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index.

How much do blue-chip stocks return?

Best blue chip dividend stocks of 2021

Company Name Market Capitalization 2020 Total Return
Apple (NASDAQ:AAPL) $2.06 trillion 82%
Corning (NYSE:GLW) $37 billion 28%
Nike (NYSE:NKE) $212 billion 41%
NextEra Energy (NYSE:NEE) $143 billion 30%

How do you identify blue chip stocks?

Several parameters can be considered to identify blue chip companies. They include consistent annual revenue over a long period, stable debt-to-equity ratio, average return on equity (RoE) and interest coverage ratio besides market capitalisation and price-to-earnings ratio (PE).

Why is it called blue chip?

The term “blue chip” comes from the game of poker, where blue chips are the highest value pieces. A company must be well-known, well-established, and well-capitalized to be a blue chip. Membership in certain stock indexes is important for determining blue chip status.

Is 3M a blue chip stock?

Here is a list of 20 other top blue chip stocks: AT&T. AbbVie. 3M.