blue chip

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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

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.
References in periodicals archive ?
51 percent on Friday as PetroVietNam Gas led the losses amid range-bound movements in most other bluechips.
The bluechip property stocks supported the main index in thin trading as volumes dropped to 37.
India's main share index declined for a 4th consecutive session to post its worst weekly fall in more than 3-month as profit-taking continued to hit bluechips after the benchmark index hit a recent record high.
Most Southeast Asian stocks gained on Friday as shares in bluechip firms recovered from losses early in the week, but investors remained cautious ahead of US jobs data to gauge when a potential rollback of the US quantitative easing begins.
Among key bluechips, Korea Telecom and SK Telecom rose 500 won and 31,000 won.
and Korea Telecom rose 1,600 won and 3,200 won, but other key bluechips fell.
Key bluechips Samsung Electronics rose by 7,000 won amid the general rise of semiconductor issues.
Most Daewoo company shares fell shaply and key bluechips were also hard hit.
Key bluechips all rebounded as well with SK Telecom soaring 88,000 won.
Key bluechips also tumbled except for Samsung Electronics that gained 500 won.
Key bluechips all rose with SK Telecom and Samsung gaining 85,000 won and 11,000 won, respectively.
Key bluechips all rose with SK Telecom, and Pohang Iron and Steel gaining 50,000 won and 8,500 won, respectively.