When applied to stocks, the term "blue chip" generally refers to a well-established company with a strong market position and a track record of outperformance. Salesforce (NYSE: CRM) and Intuit (NASDAQ: INTU) are perfect examples. Both are industry leaders, and while the S&P 500 is up 82% over the past five years, Intuit and Salesforce shares have surged 253% and 284%, respectively, over the same period. Read More...
When applied to stocks, the term “blue chip” generally refers to a well-established company with a strong market position and a track record of outperformance. Salesforce (NYSE: CRM) and Intuit (NASDAQ: INTU) are perfect examples. Both are industry leaders, and while the S&P 500 is up 82% over the past five years, Intuit and Salesforce shares have surged 253% and 284%, respectively, over the same period.
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