blue chip origin
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Many top recruits eventually go on to be successful at the professional level, especially in basketball and baseball. The simplest sets of poker chips include white, red, and blue chips, with tradition dictating that the blues are highest in value. Eric Berger - Oct 22, 2019 1:30 pm UTC. A blue-chip stock typically has a market capitalization in the billions, is generally the market leader or among the top three companies in its sector, and is … WIRED Media Group Here's what my research turns up. 1904 in reference to the high-value poker counter, also in the figurative sense of "valuable;" stock exchange sense, in reference to "shares considered a reliable investment," is first recorded 1929; especially of stocks that saw spectacular rises in value in the four years or so before the Wall Street crash of that year wiped out most of it. Microsoft Corp. and Apple Inc., for example, are blue chip, but they are relatively young companies. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. More specifically, the stocks of companies with a market capitalization of at least $5 billion. Consultez la liste des tâches à accomplir en page de discussion. If a white chip is worth $1, a red is usually worth $5, and a blue $25. It has been in use ever since, originally in reference to high-priced stocks, more commonly used today to refer to high-quality stocks.
Hutton & Co. that he intended to return to the office to "write about these blue-chip stocks". None of these … Select End Date Submit.
The entire plan seems designed to give NASA a plug-and-play approach to the lunar landing program. Stringham, Edward Peter; Curott, Nicholas A.: "Ever Wonder How 'Blue-Chip' Stocks Started? Blue chip definition: Blue chip stocks and shares are an investment which are considered fairly safe to invest... | Meaning, pronunciation, translations and examples In fact, we see them as a safer bet than any other public company. The cynic in me notes that even back then there existed an unmistakable allusion between the stock market and gambling. Bill Mann is a shareholder in a restaurant chain that signaled its intention to have a limited private offering by placing blue tortilla chips on its tables.
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Blue chip companies are businesses that investors see as reliable and profitable. What Are Blue Chip Companies? There are, in fact, hundreds of them. Historians believe that Oliver Gingold coined the term ‘blue-chip stocks’ either in … Posted by Fred cosgrove on August 26, 2000. NASA will value such a mix of new and old companies. Righteous. ", "Dow Jones Industrial Average: Stock Index Summary", https://en.wikipedia.org/w/index.php?title=Blue_chip_(stock_market)&oldid=979887122, Creative Commons Attribution-ShareAlike License, This page was last edited on 23 September 2020, at 10:13. Les actions de sociétés cotées de grande qualité ont été appelées les blue chips (« jetons bleus ») pendant des décennies. A more classic blue-chip stock to buy for the long term is Coca-Cola. Let's conquer your financial goals together...faster. I also note that the two publicly traded companies that have the highest correlation between their own success and poker's spiking popularity, Lakes Entertainment (NASDAQ:LACO) and WPT Enterprises (NASDAQ:WPTE), are nowhere close to being blue chips. 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. Does anyone know the origin - the history behind the phrase - "blue chip"? I wonder, though, given the timing of the original use of "blue chips" in 1929, during one of the biggest speculative booms in the history of the stock market, whether we aren't using it wrong today. "We look forward to safely and sustainably returning our nation to the surface of the Moon by 2024.”. And SpaceX, which has the only rocket currently in service that can deliver large payloads to the Moon, similarly has not announced how it will respond to NASA's call for lunar landers. The ‘blues’ have the highest value and are therefore the ones everybody wants. "This is a national team for a national priority," said Bezos, announcing a partnership with three other companies—Lockheed Martin, Northrop Grumman, and Draper—to support NASA's Artemis Program. A…. Some writers, like Ken Kurson in "Money Magazine," write that the term was first used "at the start of the twentieth century."
blue-chip (adj.) We call the shares of the largest blue-chip companies large capitalization stocks. Blue chip players are those who have proven themselves to be among the best at their positions in their respective sports and are more sought after and wanted than other players.
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