A blue-chip stock is the stock of a large, well-established and financially sound company that has operated for many years. The term is believed to have been derived from poker, where blue chips are the most expensive chips.
According to PSMDCF
Blue-Chip stocks – are shares of well-established and financially sound companies that have demonstrated their ability to pay dividends in both good and bad times. They also exhibit more modest but dependable returns and are relatively of lower risk.
If you are new to stock market, here is the list of blue chips in the Philippine Stock Market. These blue chips will help you hold your portfolio on bear trends most specially if you are on a long-term goal.
(Credits: PSMDCF)
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