Did you know the meaning of 'Blue Chip' comes from blue casino chips which have a high value?

Image by Markus Schwedt from Pixabay

The term "blue chip" originated in the world of gambling, specifically in poker. In the 19th century, poker chips were commonly made of different colors, with blue chips representing the highest value. As a result, the term "blue chip" became associated with things of high value and quality.

The use of the term "blue chip" extended to the stock market in the early 20th century. Blue chip stocks are typically those of large, well-established companies with a long history of profitability. These companies are considered to be low-risk investments, as they are less likely to experience sudden or significant declines in value.

Today, the term "blue chip" is still used to describe things of high value and quality. It is often used in business to describe companies, products, or services that are considered to be reliable and prestigious.