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 ?
* Use Debra's $25,000 in severance pay and Invest $5,000 in each of five different stocks--two blue-chippers and three growth stocks in consumer goods companies, technology firms and cyclicals like auto manufacturers.
Rookies of the Year (Corey Seager and Cody Bellinger) to Los Angeles with more blue-chippers lined up behind them.
Now we've lost blue-chippers to catered parties aboard land yachts.