blue chip stock
n.
stocks of large companies that is considered stable and profitable and has a relatively high price per share (in Economics)
Blue chip (stock market)
A blue chip
stock is the stock of a well-established
company having stable earnings and no extensive
liabilities. The term derives from casino, where blue chips stand for counters of the highest value. Most blue chip stocks pay regular
dividends, even when business is faring worse than usual. They are valued by investors seeking relative safety and stability, though prices per
share are usually high. Typically, such stocks are perceived to offer reliable
returns, low
yield, and low
risk. Many blue chips are components of popular
indices, such as the
Dow Jones Industrial Average and the
S&P 500.
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blue-chip stock
Noun
1. a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield; "blue chips are usually safe investments"
(synonym) blue chip
(hypernym) common stock, common shares, ordinary shares
Blue Chip Stock
Stock of large, well-known companies.
Blue-chip stock