Just posted on the dark side board, I give it abou
Post# of 5282
I find it difficult to believe that it is necessary to explain to anyone who purports to be providing stock advice and guidance on IH what a Blue Chip stock is, but I'll play along:[quote][/i]Stock of a large, well-established and financially sound company that has operated for many years. A blue-chip stock typically has a market capitalization in the billions, is generally the market leader or among the top three companies in its sector, and is more often than not a household name.[/i][/quote].
Now, as for Blue Chip companies that list on the Pinks, I'll start by posting 2, so as not to appear as though I am going out of TOS by "touting stocks"
1) Volkswagen - Market Cap is currently about $72 billion. It pays a dividend with a yield of about 1.4%. It is up approx 25% TTM.
(To help you look them up for more information, they manufacture and sell automobiles. And they have a credit operation to help customers finance their purchases. In 2012 they sold about 438,000 cars. Their US headquarters are in Herndon, VA if you wish to call them to verify that they exist).
2) Samsung - Market Cap is currently about $174 billion. It currently is trading at about $1,180 per share. It pays a dividend with a yield of about 1.1%. (To help you look them up for more information, they manufacture and sell electronics for consumer, industrial and telecommunications. I understand that if you walk into a BestBuy, a Walmart an H.H.Gregg or other appliance store, you might be able to see one of their products actually being sold. Their U.S. Headquarters are in Ridgefield Park, NJ if you wish to call them to verify that they exist).
There are many and numerous other examples that I can post of Blue Chip stocks which trade on the Pinks, but this board is about Telvue.