blue-chip (adj.) The term ‘blue chip’ was first used to describe high-priced stocks in 1923 when Oliver Gingold, an employee at Dow … Blue Origin will serve as the prime contractor, building the Blue Moon lunar lander as the "descent element" of the system to carry the mission down to the lunar surface. What's funny, though, is that the only "chip" designation was for companies deemed to be the safest, well-known companies that had histories of making dividend payments. A blue-chip company or investment is one that can be trusted and is not likely to fail. A history of dividend growth significantly in excess of the rate of inflation, year after year, decade after decade, generation after generation.
Stringham, Edward Peter; Curott, Nicholas A.: "Ever Wonder How 'Blue-Chip' Stocks Started? NASA will value such a mix of new and old companies. Blue chip companies – definition and meaning, shares of the largest blue-chip companies large capitalization stocks. Ars may earn compensation on sales from links on this site. A blue chip company is famous for the quality and wide acceptance of its products. All companies in the Dow Jones Industrial Average are blue-chips, but the Dow Jones Industrial Average is an index that does not include all companies that are blue chips. Mr. Gingold’s new usage of the term caught on rapidly. Microsoft Corp. and Apple Inc., for example, are blue chip, but they are relatively young companies.