Before you invest in any blue chip company, carefully read and analyze all information available about the company itself, its history, nowadays reality and outlook for the future. No one knows what's going to happen in the next few months and the every-year-growing stock doesn't have to follow its twenty years history.
Here is the list of the most important stocks in the world.
Blue chip companies are great employers. They are always recruiting new prospective people, so if you want to build a career (i.e. as a manager), there firms are very good opportunity for rocket start.
There are two advantages more:
Let's be clear about the terminology: a shareholder holds share of stocks. Stocks can be separated into lots of shares. You can have 100 shares of Google stock (ticker: GOOG). You may come across two main types of stocks: common stocks and preferred stocks.
Most of blue chip stocks are of common type.