Blue chip stock


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Related to Blue chip stock: penny stock

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 ?
| CAIRO, Sept 9 (KUNA) -- Performance of the Egyptian Stock Exchange (EGX) pursued its upward trend for driven by Arab and foreign traders' massive purchasing of blue chip stocks in the market.
A number of blue chip stocks declined during the week.
As much as 40-45% of blue chip stocks' sales are exposed, either directly or indirectly, to the US dollar.
How embarrassing then that one of their trader whippersnappers put through a program trade at 8.14am yesterday morning so crazy that it left 23 blue chip stocks suspended, pushed the FTSE 100 down 200 points and triggered a London Stock Exchange enquiry into a failure to maintain an orderly market.
Meanwhile, new KSX-15 index dwindled amid selling pressure to some blue chip stocks, particularly those of the banking sector, to collect gains.
It may sound like a mere technicality, but share prices often tumble when they fall from the index of blue chip stocks because some multi-billion-pound funds - for pensions and unit trusts - only invest in FTSE 100 stocks.
There has been pounds 117bn wiped off the value of blue chip stocks since the year-high on April 21.
It may be a mere technicality, but share prices often tumble when they fall from the index of blue chip stocks because some multi-billion-pound funds - for pensions and unit trusts - only invest in FTSE 100 stocks.
Most of the falls are in blue chip stocks such as British Telecom and Vodafone.
Satyendra Pathak Doha Qatar's stock market rose for a third straight session on Monday, boosted by blue chip stocks amid rising oil prices.
Yet at the same time the average 30-year fixed mortgage rate surged 9 basis points to 4.97% -- highest since April 2011 -- as blue chip stocks marched to record highs again despite trade/tariff setbacks.
The DFM index rose 0.86 per cent to close at 2,764.38 as trade values improved slightly to Dh280 million and blue chip stocks such as Emaar and Dubai Islamic Bank gained.