Blue chip stock

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Related to blue-chip stock: Blue Chip Companies, Blue-Chip Index

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Shares in logistics group Exel hit their highest level since the spring of 2002, up 12p to 897.5p, as investors speculated that it could be the next blue-chip stock to attract takeover interest.
But analysts cheered the result, to send the blue-chip stock more than 2% higher in early trading
Oil giant BP was another blue-chip stock to make gains after upgrading its accessible reserves by 23 million barrels.
Airports operator BAA was also heavily traded after a dramatic session for the blue-chip stock.
At one stage the Footsie had plummeted 7pc to 4,219.8, with every blue-chip stock plunging into the red.
The local stock barometer rallied on Tuesday, driven mostly by local investors who loaded up on blue-chip stocks.
Regina Capital Development Corporation Managing Director Luis Limlingan noted that blue-chip stocks were heavily beaten from days of net foreign selling at investors have begun to pick them up because of their cheaper valuation.
LAHORE -- Pakistan Stock Exchange edged higher on Monday, the first day of the new week, with support of blue-chip stocks. OGDC, MCB, ENGRO, POL, and PSO remained top contributors to the 100-share index, adding 181 points.
The brighter performance for the FTSE 100 comes after PS27 billion was wiped off blue-chip stocks on Friday when US plans to hike tariffs on steel and aluminium prompted fears of a global trade war.
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.
Growing volumes in DGCX Indian SSF contracts following the launch of an additional 44 blue-chip stocks is a direct result of the Exchange meeting the needs of global participants to access Indian markets in an efficient and secure manner.
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 79.92 points to 7,215.47.