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A blue chip stock is the stock of a well-established company having stable earnings and no extensive liabilities. The term derives from casinos, where blue chips stand for counters of the highest value. Most blue chip stocks pay regular dividends, even when business is faring worse than usual. The phrase was coined by Oliver Gingold of Dow Jones sometime in 1923 or 1924. Company folklore recounts that the term apparently got its start when Gingold was standing by the stock ticker at the brokerage firm that later became Merrill Lynch. Noticing several trades at USD$200 or USD$250 a share or more, he said to Lucien Hooper of W.E. Hutton & Co. that he intended to return to the office to "write about these blue chip stocks." Thus the phrase was born. It has been in use ever since, originally in reference to high-priced stocks, more commonly used today to refer to high-quality stocks. In contemporary media, Blue Chips and their daily performances are frequently mentioned alongside other economic averages like the Dow Jones Industrial Average.
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What is a bluechip?
A blue chip stock is thA blue chip stock is the stock of a well-established company having stable earnings and no extensive liabilitiese stock of a well-established company having stable earnings and no extensive liabilities Blue chips, the highest denomination chips in poker games.
What is the difference between a blue chip stock and a penny stock?
A "blue chip" is the nickname for a stock that is thought to be safe, in excellent financial shape and firmly entrenched as a leader in its field. Blue chips generally pay dividends and are favorably regarded by investors when a "penny stock" is one that cost less than $5 a stock and are sold over the counter.
What is the duration of Blue Chips?
The duration of Blue Chips is 1.8 hours.
Are penny stocks good for beginner investments?
Penny stocks are way riskier than Blue chips. Definitely not a beginner stock. No doubt if you are buying in small quantity, then your losses arent much. But if you are in the market to make money, buy blue chips first.
When was Blue Chips created?
Blue Chips was created on 1994-02-18.
Why are certain stocks in the stock market referred to as a blue chip?
"Blue chip," usually used to show that a company is reliable, or capable of issuing good returns, has etymology dating back to 1904. The highest valued chips in poker were blue, and having a number of blue chips during a game could be seen as showing a player's ability to cash in.
What is a blue chip share?
The word 'Blue chip stock' refers to the equity in the securities of high quality companies. Blue chip stock is often also high in public share price. A blue chip stock is the nickname for a stock that is thought to be a relatively safe investment. Blue chip stock is a term named after the blue-colored highest poker chip denomination. Stock of "blue chips" or "blue chip stock" demonstrate some combination of high credit rating, strong balance sheet, stable earnings power. A blue chip stock usually has a diversified revenue base. Most Dow Jones Industrial Average (DJIA) companies fall into the category of blue chip stock. Blue chip stock is not limited to the thirty stocks in the Dow, blue chip can imply any publicly traded stock in a leading international company listed in a foreign stock market. Blue chip stock is often found in conservative investors and retirement portfolios. Volatility for blue chip stock is typically lower than that of lesser known, more thinly traded stocks. Blue chip stock is often popular in market downturns for their ability to pay dividends no matter what the economic climate. The most famous of the blue chips make up the Dow Jones Industrial Average. The "Dow" consists of the 30 largest and most widely-held public companies in the United States. Some of the companies in the Dow include Coca-Cola, American Express, IBM, General Electric, and Walt Disney. - Md. Sohel Rana (Bangladesh) +8801714228302
What are the chips in a damath board game?
12 Each Example you have 2 different color of the chips red and blue red - 12 blue - 12 = 24 the chips in damath is like an poker chips... u just ask in the store poker chips or damath chips or simply ask chips..
Why bluechip companies called blue chip not red chip?
Blue chips are highest valued chips in casinos. Blue chip companies are thus named after them
If A box contains 4 blue chips and 5 black chips and 2 chips are drawn at random with replacement what is the probability that both will be blue?
Two out of nine. 2:9.
What is the stock symbol for lays potato chips?
Frito-Lays
What is the stock symbol for pop chips?
As of October, 2010, Popchips is not a public company, hence no stock symbol.
