noun
a stock of a large, well-established and financially sound company
adjective
describing something of high quality or reliability
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The investor decided to put his money into blue chip stocks for long-term stability.
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I heard that blue chip companies are the safest bet in the stock market.
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If you want to play it safe, stick with blue chip investments.
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She's like a blue chip employee - reliable, consistent, and always delivering high quality work.