Blue Chips by name, not by nature

The following stocks are classified as being in the Top 100 stocks by the Australian Stock Exchange (ASX). Many financial planners have in the past and will be urging their clients to invest in these companies. I’ll be avoiding these companies, unless their performance improves dramatically. None of these stocks will be ten-baggers (i.e. stock price climbs to 10 times the current price). While the share price of these companies may rise, eventually prices track performance, and these companies have not performed brilliantly in the past.