Many of us self-confessed sharemarket nerds are also full-time employees in our spare time, so we don't get the time we would like to research closely all the companies we'd like to invest in.
Luckily, those investors that use CommSec (run by Commonwealth Bank of Australia (ASX: CBA)) to buy and sell shares have access to the buy, sell and hold recommendations from analysts at CBA and also from Morningstar. The 'buy' calls consist of some of Australia's largest companies, however some are lacking in growth prospects – in my opinion.
Investors should remember that the greatest investors like Warren Buffett and Peter Lynch made their vast fortunes by finding companies that offer a combination of growth and regular income.
7 Blue Chips to Buy in March
Crown Resorts Ltd (ASX: CWN) is an excellent company which offers investors a 3% yield. It has one of the strongest growth pipelines of any global casino group.
QBE Insurance Group Ltd (ASX: QBE) is one of my favourite companies at the moment because it is yielding 3.2% or 4.6% grossed up and also offers massive earnings upside, in my opinion.
Insurance Australia Group Ltd (ASX: IAG) reported first half net profit that fell to $579 million from $642 million a year earlier, but analysts like the stock for its dividend.
Oil Search Limited (ASX: OSH) shares are down 25% since the start of the oil price plunge, but analysts like the company for its future dividend potential and low(er) risk qualities.
Santos Ltd (ASX: STO) shareholders haven't been as lucky, losing up to 60% of their capital over the last 6 months, but analysts like the company as a turnaround play if the oil price recovers from its current low.
AMP Limited (ASX: AMP) has exposure to wealthy older Australians through their financial advice and annuity products catalogue. Analysts like it for the income and growth prospects but it's already had a strong few years.
Ramsay Health Care Limited (ASX: RHC) has been chosen because of a combination of an increasingly health conscious consumer, the aging western population, and greater than sector-average growth prospects.
