A blue chip company is a large, well-established, and financially stable company that has a history of strong performance and is considered to be a safe and reliable investment. Blue chip companies are typically leaders in their industry and have a strong brand and reputation. They are often considered to be a good choice for investors who are looking for stable, long-term investments with a low level of risk. The term “blue chip” comes from the game of poker, where the blue chips are the most valuable. It is often used to refer to the largest and most successful companies in the stock market.
“The moral is that in trading it’s important to examine the situation from as many angles as possible, because your initial impulses are probably going to be wrong. There is never any money to be made in the obvious conclusions.” – Jeff Yass
