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blue chip |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia | 0.02 sec. |
blue chipIn business and finance, a stock that is considered strong and reliable in terms of the dividend yield and capital value. Blue-chip companies are favoured by stock-market investors more interested in security than risk-taking. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The latest bout of Wall Street pessimism sent its blue-chip stock below $20 a share for the first time since October 1995 - down nearly 60 percent since peaking at $49. That way, you can get into a solid blue-chip stock even after a major rally by that segment of the market, and still stand to make healthy gains. Meanwhile, by buying the MO shares, you not only get a solidly performing blue-chip stock, but you also get the KFT shares that will be distributed to MO share holders. |
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