What does blue chip mean?
Definitions for blue chip
blue chip
This dictionary definitions page includes all the possible meanings, example usage and translations of the word blue chip.
Princeton's WordNet
blue chip, blue-chip stocknoun
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 chipadjective
a blue poker chip with the highest value
blue-chipadjective
extremely valuable
"Rembrandt is considered a blue-chip artist"
Wiktionary
blue chipnoun
A high value gaming chip.
blue chipnoun
A stock or other investment that has a high price because of its perceived reliability.
ChatGPT
blue chip
A blue chip refers to a nationally recognized, well-established, and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. They are known to operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stability and reliability. Blue chip companies are often leaders in their respective industries and are listed in the world's most established equity indices.
Wikidata
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.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of blue chip in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of blue chip in Pythagorean Numerology is: 4
Examples of blue chip in a Sentence
The weak U.S. economic data and trade war headlines are all hurting the Japanese market's sentiment and prompting a sell-off in blue chip stocks.
There is no reason we should have been able to buy Facebook down at $73 or Apple down at $92. People had margin calls and were getting hit out at whatever prices they could get, we were buying a lot of blue chip names, down 5 to 10 percent.
There is still downside potential for the blue-chip stocks amid trade war and economic worries.
Even in Germany's blue-chip index DAX several companies will cut back down to the minimum.
Bargain-hunting traders and investors might well be eyeing up some very reasonably priced stocks that have been the victims of recent China-inspired volatility, while the fact remains that commodities are still under immense pressure and those who dig them up are too, blue-chip stocks trading at a discount like Glencore's provide an ideal vehicle for riding price swings.
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"blue chip." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/blue+chip>.
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