what is a blue chip company/what does it mean?

Answer 1

Short answer: A relatively large company that has been in business for a while.

Detailed Answer:
"A blue chip stock is the stock of a well-established company having stable earnings and no extensive liabilities. Most blue chip stocks pay regular dividends, even when business is faring worse than usual. They are valued by investors seeking relative safety and stability, though prices per share are usually high. Typically, such stocks are perceived to offer reliable returns, low yield, and low risk. Many blue chips are components of popular indices, such as the Dow Jones Industrial Average and the S&P 500."

Please see the wikipedia entry below for more details

Let me know if this helps,
Ken

Answer 2

a company that has alway had a profit and is a company that over time is a very good bet, to take stock in