Recent Examples of blue chip from the Web
Hodges owns about $950,000 of Citigroup shares and about $600,000 of JPMorgan stock in its blue chip equity income fund, Mr. Bradshaw said.
The league features professional, semi-pro, NCAA and blue chip high school athletes.
The latest selloff was definitely led by institutions, because in the past when the market fell, blue chips often bucked the trend.
The share price more than tripled over the past 12 months Valuations are not ‘screamingly cheap,’ Investec’s Rimmer says Among Turkish blue chips, there’s no stock that’s had a better 12 months than Turkish Airlines.
Johnson, a five-star, blue chip prospect, holds offers from every high-profile program in the country.
American consumer and industrial blue chips are typically of a similar scale in China to their nearest rivals.
There was never doubt that the spectacular pieces of blue chip European art would sell.
The market jitters continued Wednesday, with the blue chip average closing down 83 points, or 0.3%, after an earlier drop of 350 points.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'blue chip.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of BLUE CHIP
What It Is
A blue chip is a nationally recognized, well-established and financially sound company. The term comes from blue poker chips, which have the highest value in the game.
How It Works
Blue chip companies have several characteristics:
They are usually large companies.
They are usually older companies.
They generally sell widely used products or services.
They perform relatively well during economic downturns.
They have records of long-term, stable growth.
They usually pay regular dividends, and those dividends usually grow over time.
They have reputations as management and industry leaders.
They are usually very creditworthy.
IBM, AT&T, General Electric, Coca-Cola and DuPont are examples of blue chip companies.
Why It Matters
Investors often consider the stocks of blue chip companies good long-term investments because blue chips tend to offer consistent returns. Higher stock prices and lower yields generally balance this perceived lower risk, however.
The two most popular lists of blue chip stocks are the Dow Jones Industrial Average and the Nifty Fifty. The Dow Jones Industrial Average is a list of thirty industry-leading companies chosen by the editors of the Wall Street Journal. The Nifty Fifty are the fifty blue chip stocks that became popular before the bear market of 1973-1974.
Investors can purchase shares of blue chip companies directly or they can invest in derivative blue chip instruments that provide exposure to a variety of blue chip stocks. One example is a type of derivative blue chip instruments called Diamonds, which are exchange-traded securities that represent fractional shares of the underlying components of the Dow Jones Industrial Average.
legal Definition of blue chip
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