Top Blue-Chip Stocks in The World in 2019
Blue chips stocks are those that are considered to have great value in the market. They are normally stocks of companies that are already established that pay dividends and usually market leaders have been known to pay continuously rising dividends. Blue chip stocks will always maintain profitability, even when there is a recession. These companies dominate their sector in terms of market share, which is down to being a recognized brand. Blue-chip stocks are secure investments, and for long term investors who will prefer slow but long term benefits, then they are the best bet. Although no list formally lists blue-chip stocks those listed in the Dow Jones Industrial Average are some of the popular blue-chip stocks. Here are some of the top blue-chip stocks that you can consider in 2019.
Top blue-chip stocks in China
Baidu is the main search engine in China, which claims over 80% of the search revenue in the country, and it has a market capitalization of $38.50 billion. The company has benefited greatly from the exit of Google from China in 2010. Baidu deals with AI and internet related services, and it is among the largest artificial intelligence companies in the world.
China Mobile is the country’s largest telecommunication company and controls the majority of the wireless network in China. Its rivals are China Telecom and China Unicom, all of which are state-owned. The company has a market cap of $179.45 billion, with a dividend yield of 3.65%.
Alibaba Group Holding Limited: the largest Chinese multinational company specializes in e-commerce, technology, and internet through its market places Taobao and Tmall. Alibaba stock is currently the strong buy stocks in China with a stock price of $149.26. It has considerable market share and its market capitalization of $382 billion.
Top blue-chip stocks in Hong Kong
MTR Corporation operates a mass transit railway that offers 40% of its total revenue. The company is also involved in developing and management of real estate properties in various regions, including China, Australia, and the UK. The company offers a dividend yield of 8.44%.
Li & Fung is a supply chain manager based in Hong Kong that specializes in logistics and sourcing of goods for retailers across the world. In 2017 the company offered a dividend yield of 7.12%.
Belle International is China’s leading retailer in apparel and footwear. It has over 20,000 retail stores across Hong Kong, China, Macau, and also in the US. Its operations are divided into footwear and apparel and sportswear segments. Investors received dividend yields of 6.22%.
Top blue-chip stocks in the US
International Business Machines Corp (IBM): One of the largest blue chip companies in the world currently with a market capitalization of around $124.7 billion. The company offers annualized dividends of 4.39% with a huge portfolio that includes delivering infrastructure hardware, software as well as platform services for various businesses across the globe.
Verizon Communications Inc.: A telecommunication company that offers an annual dividend yield of 4.2%. The company has a market value of around $237.3, with an average growth in revenue of around 9.5% in the past five years. As a defensive telecommunication stock, Verizon’s stock tends to do better, especially during recessions.
Merck & CO. Inc.: A pharmaceutical giant that has a vast portfolio of blockbusters drugs, Vaccines as well as therapies that have continued to drive revenue over the years. The company currently has a market value of $209.7 billion with a dividend yield of around $2.7%. Keytruda it’s lead cancer drug has been a best seller.
American Express Company: American express is Warren Buffett’s favorite blue-chip stock. The company has a market value of around $93 billion and a dividend offering of 1.4%. American Express runs a secured payment network, and it is also a tool path for swiping customer from which the company scores hefty fees. In the last quarter Amex’s discount revenue rate was 2.3%, which means for every $100 spent card the firm gets $2.37.
Johnson and Johnson listed by Dow Jones and it is a leading healthcare company in the industry. It has a market value of around $369.0 billion and an annual dividend yield of 2.6%. Its stock offers at a low P/E ratio, which makes it an attractive blue-chip stock.
Top blue chip stocks in the UK
Unilever is one of the oldest companies, and its products are sold in over 190 countries. The company is mostly known for a consumer product, and it produces around 400 products. Although its stock is rather expensive with a P/E ratio of 22.7, they nonetheless offer considerable dividend yield at 2.8%.
Rio Tinto Group is a multinational company that focuses on mining, and it is among the largest mining corporations. The company has a market capitalization of £71.5 billion, and in the past year, the company has seen its stock grow 16.4%. They trade on a forward P/E ratio of around 5.3%.
Easyjet PLC is a budget airline based in Lutton offering affordable flights across the world. Although it is relatively young, it nonetheless offers a promising investment opportunity. The company has a forward P/E ratio of 18.28, and its current market capitalization is 3.46 billion.
Top chip stocks in Australia
BHP Group Limited is a mining giant that if you are looking to invest in resources, you should consider. Although the company released lean updates, it nonetheless expected to perform well in 2019 because of its low costs and good commodity prices. The company has a market capitalization of 180.8 billion.
Westpac Banking Corp is one of the best blue-chip stocks in the banking sector currently, and it has the potential to grow dividends and earning at a modest rate in the next few years. It is a worthy consideration in 2019, especially after its appealing training dividend at 7%.
Commonwealth Bank of Australia is among the leading banking and financial institution in Australia with over 1,100 branches. The bank offers services in consumer and corporate banking, finance and insurance, investment management and banking, private equity and others. The bank has a forward P/E ratio of 15.61, and its market capitalization currently stands at 138.98 billion.