The term blue chip applies to stocks issued by a company in excellent financial standing with a

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The term blue chip applies to stocks issued by a company in excellent financial standing with a record of producing earnings and paying dividends. Stocks in companies such as GE and Chrysler were initially considered blue chip stocks. Today, stocks in companies that were not in existence when the term was coined, such as Intel and Walmart, are considered blue chip stocks. Name three other companies you might consider blue chip stocks and why you would do so.

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Better Business

ISBN: 9780134522746

5th Edition

Authors: Michael Solomon, Mary Poatsy, Kendall Martin

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