blue chip
- noun
- /bluː ʧɪp/
- The saving grace for the current state of the stock market is its valuation, and among blue chips, most are fairly priced given their earnings.
- blue-chip stocks
- buy blue chips
Examples
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Many blue chips are going down in price, and the only thing that will turn them around is increased earnings guidance for the fourth quarter.
Blog text (26) -
All these price breakdowns among blue chips before the QE3-driven, low-volume rally signaled a shaky performance by the stock market this summer.
Blog text (26) -
To them, it was just a pile of blue chips on a roulette wheel.
Blog text (33) -
I look at this stock market; the more blue chips I see declining in price, many of which are blue chips that previously hit new record highs.
Blog text (26) -
I look at this stock market; the more blue chips I see declining in price, many of which are blue chips that previously hit new record highs.
Blog text (26) -
Frankly, in the age of austerity, I'd be looking to take on or add to existing positions in those blue chips with solid track records, but only during meaningful stock market corrections.
Blog text (26) -
Investors often seek blue chip stocks because they represent a stable and reliable investment option.
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The fund manager recommended adding more blue chip stocks to the portfolio for long-term growth.
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Many retirees prefer blue chip companies for their dividends and consistent performance.
Synonyms
A small flat round token used at gambling tables to represent money
A small round disk that stands for money in card games like poker
How Valuable
Surface Forms
Morphology
The phrase is compositionally built from 'blue' + 'chip' so a learner who knows the words can infer it denotes a chip that is blue. However, the conventional meaning that a blue chip represents the highest value in a set (or the figurative financial sense) depends on cultural knowledge about poker-chip color coding and cannot be fully predicted from the constituents alone, so prior exposure is needed.
Etymology
Blue chip is the name for a blue poker chip that in many sets had the highest value, so a blue chip on the table meant a big bet or a high-value token.