Blue Chip 1100 Words You Need Week 24 Day 4

Blue Chip 1100 Words

Blue Chip 1100 Words

/ˈbluː.tʃɪp/ (ajd & noun)

a reliable or profitable business or asset, valuable asset, valuable stock in a reliable company, first-class, top-class, topnotch, number one

A blue chip stock is a stock that comes from a well-known, established company. Blue-chip stocks have a strong history of performance and often pay dividends.

While there is no formal definition of a blue-chip stock, these companies are known for being valuable, stable and established. They’re typically big names — often household names — in their industries, and investors count on them for their reliability.

Think of a blue-chip stock as a stock you would bring home to meet your parents: It makes a good impression and has the substance to back it up. It’s stable, responsible and reliable. Blue-chip companies have proven themselves in good times and bad, and the stocks have a history of solid performance.

Source: https://www.nerdwallet.com/

Antonym: second-rate

Adjective: blue-chip

Farsi: دربازى پوکر ) ژتون ابى رنگ که ارزش زيادى دارد، سهام مرغوب)