The term 'Blue Chip' stock commonly refers to high quality stock from leading companies. They are usually high in price, regarded as safe and are known to pay good dividends. They make up the core of the Dow Jones and S&P 500 so their price usually follows the index's growth. The term is said to have originated as an allusion to the most valuable chips used in casinos for gambling. Some examples of Blue Chip stock are General Electric, Google, IBM, Procter and Gamble, Exxon-Mobile and Wal-Mart. Blue Chip stock has always made up an important part of investors' portfolios. But like most...
More..Christopher Wiegering
Member since: May 2009
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