blue chip
blue chip (phr)
English Definitions:
blue chip, blue-chip stock (noun)
a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield
"blue chips are usually safe investments"
blue chip (adj)
a blue poker chip with the highest value
blue-chip (adj)
extremely valuable
"Rembrandt is considered a blue-chip artist"
blue chip (Noun)
A high value gaming chip.
blue chip (Noun)
A stock or other investment that has a high price because of its perceived reliability.
Blue chip
According to the New York Stock Exchange, a blue chip is stock in a corporation with a national reputation for quality, reliability, and the ability to operate profitably in good times and bad. The most popular index which follows U.S. blue chips is the Dow Jones Industrial Average. The Dow Jones Industrial Average is a price-weighted average of 30 blue-chip stocks that are generally the leaders in their industry. It has been a widely followed indicator of the stock market since October 1, 1928.
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"blue chip." Kamus.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.kamus.net/english/blue+chip>.
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