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Blue Chip

equity types
Definition
A large, well-established, financially sound company with a history of reliable performance, typically a component of major market indices.

Explanation

The term originated from poker, where blue chips have the highest value. Blue-chip stocks are typically components of the Dow Jones Industrial Average or similar indices. They share characteristics: market cap above $10B, decades of operating history, consistent dividends, strong balance sheets, and market-leading positions. Examples: Apple, Microsoft, Johnson & Johnson, Procter & Gamble. Blue chips form the core of most institutional portfolios.

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