What is the definition of a blue chip company?

Answer by  mediamaven (579)

A blue chip company is generally a business or corporation that has an "above average" Standard & Poor credit rating, stable stock prices and value, solid executive team and management, has posted profitable sales and revenue consistently, in addition to be in business a minimum of ten or more years.

Answer by  brians6000 (640)

A Blue Chip company has a publicly traded stock which is relatively stable. Blue Chips produce earnings and pay dividends on a consistent basis. The term today is typically associated with companies that are considered high quality.

Answer by  GeorgeS58 (121)

A blue chip company is one that is large, has a strong balance sheet, usually pays a dividend and is recognized in its industry as a leader.

Answer by  Jenny25 (939)

A blue chip company is one that is known for the qualities and services it offers. This is what makes the company a blue chip company. Also, it's known for the amount of money they make.