Monday, November 24

What is the blue chip company ? Why it is called so ???


Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

The term blue chip comes from casinos (or poker).The reason is because blue chips were traditionally the highest- value casino chips, just as the companies they denote are the highest-value companies in their sectors.

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