The stock of well-known, high-quality firms, such as Coca-Cola, General Electric, and Procter & Gamble, fit the characteristics of ________ stocks, because investors can almost always be assured a dividend and consistent stock price appreciation.

Question

Quizplus · Accepted Answer

Blue chip stocks describe the stock of a firm that is considered to be of high quality and most often pays dividends.

The Stock of Well-Known, High-Quality Firms, Such as Coca-Cola, General