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blue chip

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.07 sec.
Blue Chip
A security from a well-established and financially-sound company that has demonstrated its ability to pay dividends in both good and bad times.

Notes:
These stocks are usually less risky than other stocks. The stock price of a blue chip usually closely follows the S&P 500.

The name "blue chip" came about because in the game of poker the blue chips were traditionally the most expensive ones.


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.

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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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