GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:37 Aug 14, 2009 |
English language (monolingual) [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: Jenni Lukac (X) Local time: 12:07 | ||||||
Grading comment
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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5 +3 | the highewst goal of the "blue chip" companies |
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4 | the goal intended to be attained of a stock that sells at a high price because of public confidence |
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3 | the spike of the blue chip pyramid |
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the highewst goal of the "blue chip" companies Explanation: The "Holy Grail" was a legendary religious reliquary sought by Medieval knights. It is an image of the highest goal one seeks. "Blue chip" companies and their stocks are considered the best and most stable mid and long term investments. -------------------------------------------------- Note added at 16 mins (2009-08-14 13:53:29 GMT) -------------------------------------------------- Sorry for the typo, I meant the "highest" goal... -------------------------------------------------- Note added at 18 mins (2009-08-14 13:55:41 GMT) -------------------------------------------------- definition blue chip stock: Stock of a large, national company with a solid record of stable earnings and/or dividend growth and a reputation for high quality management and/or products. More generally, anything of very high quality. http://www.investorwords.com/505/Blue_Chip.html |
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