Blue chips are seen as some of the safest and best investments on the ASX. Everyone knows the blue chip stocks, even people with no knowledge of the stock market. Commonwealth Bank of Australia (ASX: CBA), Telstra Corporation Ltd (ASX: TLS) and Wesfarmers Ltd (ASX: WES) aren't secret stocks.
Unknown stocks don't necessarily mean they are bad stocks. Here are three options that could be market-beaters:
Global Masters Fund Limited (ASX: GFL)
This little listed investment company (LIC) may be unknown but I think it's a great option because of what it invests in.
Around 75% of its portfolio is made up of Berkshire Hathaway shares, the great business run by Warren Buffett.
Global Masters has seen its share price increase by 44% since the start of 2017. If Berkshire Hathaway keeps going up, so will Global Masters.
National Veterinary Care Ltd (ASX: NVL)
National Vet Care is taking the same route to success as Greencross Limited (ASX: GXL) did in its early stages. National Vet is acquiring veterinary clinics, adding them to its growing network and increasing profit margins.
The good thing about National Vet Care is that it's going to remain as a vet-only business because retail is a very competitive industry.
National Veterinary Care is currently trading at 25x FY17's estimated earnings and is expected to pay a dividend soon.
WAM Microcap Limited (ASX: WMI)
WAM Microcap is the latest LIC to be launched by Wilson Asset Management.
It will be focusing on small cap stocks that offer great growth potential but very little income. WAM Microcap will turn its gains into dividend income for shareholders, meaning that it could turn out to be a strong dividend stock.
Foolish takeaway
I think both National Vet Care and WAM Microcap are buys at today's prices. It's nice to be able to get exposure to Berkshire Hathaway but you may as well directly buy the shares if that's what you're after.