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Blue Chip

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
blue chip
A very high quality investment involving a lower-than-average risk of loss of principal or reduction in income. The term is generally used to refer to securities of companies having a long history of sustained earnings and dividend payments.

Blue Chip
Describing a well-known and highly respected publicly-traded company. Blue chip companies are usually financially sound and are thought to be relatively low-risk investments. They tend to be less volatile than other companies and to provide solid growth to portfolios. Examples in the United States include General Electric and Coca-Cola. Indices such as the Dow Jones Industrial Average tracks blue chip stocks.


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Navellier offers his recommended Buy List of stocks in his large-cap newsletter, Blue Chip Growth Letter, also published by Phillips.
However, former partners Philip Pilevsky, members of the Gindi families and others -- a group called Blue Chip Emerald LLC in court documents -- are seeking to prevent the sale.
Ruth Schissel of Westlake Village wrote to let me know that my lament about the passing of the good old Blue Chip Stamp days was a bit premature.
 
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