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blue-chip stock

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
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Noun1.blue-chip stock - a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield; "blue chips are usually safe investments"
common shares, common stock, ordinary shares - stock other than preferred stock; entitles the owner to a share of the corporation's profits and a share of the voting power in shareholder elections; "over 40 million Americans invest in common stocks"


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The latest bout of Wall Street pessimism sent its blue-chip stock below $20 a share for the first time since October 1995 - down nearly 60 percent since peaking at $49.
That way, you can get into a solid blue-chip stock even after a major rally by that segment of the market, and still stand to make healthy gains.
Meanwhile, by buying the MO shares, you not only get a solidly performing blue-chip stock, but you also get the KFT shares that will be distributed to MO share holders.
 
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