Blue-chip Stock (Noun)
Meaning
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".
Classification
Nouns denoting possession and transfer of possession.
Examples
- Investors often look for blue-chip stocks as a way to generate stable returns in uncertain economic times.
- The company's history of steady growth and reliable dividend payments made its stock a highly sought-after blue-chip investment.
- As a conservative investor, she preferred to put her money in blue-chip stocks with a proven track record of performance.
- Blue-chip stocks are often used as a benchmark to gauge the overall performance of the stock market.
- After decades of consistent growth, the tech giant's stock had become a blue-chip favorite among institutional investors.