Blue chip stock

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Blue Chip Stock

Stock in 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.

Blue chip stock.

Blue chip stock is the common stock of a large, well-regarded US company. The companies in that informal category are collectively known as blue chip companies. Blue chips have a long-established record of earning profits and paying dividends regardless of the economic climate.

They take their name from the most valuable poker chips. In the United Kingdom, in contrast, comparable firms are called alpha companies.

References in periodicals archive ?
The market also remained under pressure due to continued correction in blue-chip stocks across the sectors as well as the net selling recorded by the foreign investors on Thursday.
However, the strength of the UK currency heaped more misery on blue-chip stocks, with the FTSE 100 Index dropping to its lowest level since April, before closing down 79.
STERLING surged to a fresh one-year high against the US dollar while blue-chip stocks slumped after the Bank of England hinted that it may hike interest rates in the "coming months".
Summary: Indian shares rebounded on Tuesday from two-month lows hit in the previous session as blue-chip stocks such as Reliance Industries gained on short-covering ahead of the expiry of June derivative contracts later this week.
The exchange will launch equity options for blue-chip stocks this year, starting with simulated deals before proceeding to real trading.
In the medium-term, the Dubai market may reach 2,200- 2,400 levels and any profit-taking should be seen as an opportunity to accumulate more blue-chip stocks," he added.
THE ASEAN Exchanges is embarking on a regional roadshow early next year to promote blue-chip stocks as a "highly investable" basket of assets for retail investors.
The Nikkei moved at slightly higher levels for most of the day as buying in blue-chip stocks offset profit-taking.
Chapter 4 discusses six criteria that are used to select the highest quality blue-chip stocks.
The FTSE Bursa Malaysia KLCI, which tracks the top 30 Malaysian companies on the local stock exchange, has placed more blue-chip stocks on the radar of foreign institutional investors as well as fund managers since it was implemented a year ago.
Britain's blue-chip stocks have gained despite turbulence on the financial markets, although the top flight is still 22% lower than at the start of the decade, when the Footsie stood at a record 6930.
Britain's blue-chip stocks have gained despite ferocious turbulence on the financial markets, although the top flight is still 22% lower than at the start of the decade, when the Footsie stood at a record 6930.