What is a blue chip stock investment?

[Good-Person]

Blue chip stocks are very popular stocks. They are issued by very powerful company with huge cash reserves. This involves purchasing the stocks of huge companies with the hope that the value of the shares will increase in the future. So, is it worth buying the blue chip stock?

 

[Nomad]

Blue chip stocks are stocks from well-established companies that have a proven record of giving good returns to investors. However, investing in blue chip stocks might not be possible for individuals with limited funds as these stocks are expensice.