This term is used for the securities of well-established and sound companies that enjoy good reputation in the market. They are comparatively free from risk and greatly sought for.In other words Blue Chips are the stocks that sell at high prices because of public confidence in their long record of steady earnings. We see that all stocks do not always sell at good prices and in good volumes. There are some specific stocks which, due to their good record, constitute major chunk of the volume transacted. These stocks are known as the Blue Chips of the market.
No comments:
Post a Comment