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ASX Blue Chip Stocks News: Woolworths (WOW)

Woolworths (ASX:WOW) operates supermarkets, specialty and discount department stores, liquor and electronics stores throughout Australia. Woolworths also manufactures processed foods, exports and wholesales food and offers petrol retailing.  The Company also operates hotels which includes pubs, food, accommodation, and gaming operations. ASX Blue chip supermarket giant Woolworths today announced 2Q sales growth of 5.1% to


ASX Blue Chip Stocks News: Wesfarmers (WES)

Wesfarmers (ASX:WES) is Australia’s leading conglomerate, headquartered in Perth, Western Australia.  It is also widely considered among the market’s blue chip stocks. The company owns several iconic Australian businesses, including supermarket chain Coles, hardware retailer Bunning’s Warehouse, discount department stores Target and K-Mart, and office supplies provider Officeworks. WES also involves in industrials supplies distribution,


What are blue chip stocks?

Australian blue chip stocks can be defined as stocks with an established record of stable earnings power over a long period. Most investors also consider stocks as blue chips if they have a lengthy record of uninterrupted dividend payments to common stock holders coupled with a strong balance sheet. An example of Australian blue chip


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