7 super blue chips

Financial journalist and commentator on 3AW and Sky Business
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Key points

  • Blue chips attain their status because they generally show very strong track records of generating return for shareholders.
  • More recently, blue chip status has become associated with high dividend yields.
  • The Magnificent Seven are the big four banks, Telstra, BHP and Wesfarmers.

 

They dominate the shareholder lists, and the S&P/ASX 200 Index in terms of weighting. They are the “blue chips” of the Australian market, the strongest, most rock-solid stocks.

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