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Blue Chip Stocks

The document discusses blue chip stocks, companies, and indices. It begins by explaining that the term "blue chip" was coined in 1923 to refer to high-priced, high-quality stocks. Blue chip companies are financially strong with a history of stable earnings and moderate debt. Blue chip indices, such as the Dow Jones Industrial Average and S&P 500, consist of large, established companies. The document also discusses some of the highest priced stocks in these indices and provides an overview of prominent blue chip companies in India based on the BSE Sensex and Dow Jones India Titans 30 indices.

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Himanshu Kanaujia
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45 views2 pages

Blue Chip Stocks

The document discusses blue chip stocks, companies, and indices. It begins by explaining that the term "blue chip" was coined in 1923 to refer to high-priced, high-quality stocks. Blue chip companies are financially strong with a history of stable earnings and moderate debt. Blue chip indices, such as the Dow Jones Industrial Average and S&P 500, consist of large, established companies. The document also discusses some of the highest priced stocks in these indices and provides an overview of prominent blue chip companies in India based on the BSE Sensex and Dow Jones India Titans 30 indices.

Uploaded by

Himanshu Kanaujia
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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blue chip stocks, blue chip companies and blue chip indices.

History of blue chips


The phrase was coined by Oliver Gingold of Dow Jones about the year 1923. Gingold was standing by the stock ticker at the brokerage firm that later became Merrill Lynch. Noticing several trades at $200 or $250 a share or more, he said to Lucien Hooper of W.E. Hutton & Co. that he intended to return to the office to write about these blue chip stocks. The phrase has been in use ever since, originally in reference to high-priced and high-quality stocks.

Blue chip companies


Blue chip company is very strong financially, with a solid track record of producing earnings and only a moderate amount of debt. It also has a strong name in its industry with dominant products or services. Typically, these companies are large (international) corporations that have been in business for many years and areconsidered to be very stable.

Blue chip indices


There are many indices that consist of blue chip stocks. The well known is the Dow Jones Industrial Average that is a price-weighted average of 30 blue chip stocks.

Standard & Poors 500


The S&P 500 is a value weighted index of the prices of 500 large cap common stocks actively traded in the United States. The stocks included in the S&P 500 trade on either of the two largest American stock markets, the New York Stock Exchange and NASDAQ. The components of the S&P 500 are selected by committee.

Top 10 high-prices stocks included in the index


Symbol Company WPO Washington Post GOOG Google Inc. CME CME Group Inc. Sector Price Consumer Discretionary 393.00 Information Technology 310.02 Financials 209.03

Symbol Company Sector Price ISRG Intuitive Surgical Inc. Health Care 148.41 MA Mastercard Inc. Information Technology 143.68 AZO AutoZone Inc. Consumer Discretionary 105.76 AAPL Apple Inc. Information Technology 90.24 BCR Bard (C.R.) Inc. Health Care 82.91 EOG EOG Resources Energy 80.63 IBM International Bus. Machines Information Technology 80.33

Best blue chips in India.


The very well-known stocks are included in the Dow Jones India Titans 30 or Bombay Stock Exchange Sensex index. Most liquid stocks are listed on the Bombay Stock Exchange and the National Stock Exchange of India.

BSE Sensex
This index represents top 30 indian companies. The top three companies in the BSE Sensex index by market capitalization are: 1. 2. 3. Reliance Industries Ltd. Infosys Technologies Ltd. ICICI Bank Ltd.

See more about BSE Sensex blue chip companies.

Dow Jones India Titans 30


The top five companies in the Dow Jones index by market capitalization are: 1. 2. 3. 4. 5. Reliance Industries Ltd. Infosys Technologies Ltd. HDFC Ltd. Bharti Airtel Ltd. Larsen & Toubro Ltd.

See more about Dow Jones India Titans 30 blue chip companies.

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