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How blue chip stocks work | BitDelta
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Blue chip stocks belong to established, well-known companies that are among the top big names in their sector. Derived from Poker, blue chips have the highest value compared to other chips (red and white), just like blue chip stocks that are priced higher than the rest of the market. What is a Blue Chip Stock?Coca-Cola, Microsoft, American Express. Despite their diverse nature, these are all familiar names that most of us grew up with. This is the most tangible characteristic of the companies we’re going to talk about in this article: a highly reputable business with a household name that is offering its shares to the public. Blue chip stocks belong to established, well-known companies that are among the top big names in their sector. Blue chip companies are reliable and their business is believed to be resilient enough to survive stormy economic conditions. They are public companies, meaning their shares are available for trading on stock exchanges. Blue chip companies are valued in ...
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