default value

The title of this article is ambiguous. Further meanings are listed under Standard value (disambiguation) .

A default value (also blue chip or blue chip is called) in the stock market being a high turnover share of a large company .

General

The term is not strictly defined; Often other characteristics such as high market capitalization , multinational company , first-class credit rating , membership of certain stock indices , solid financial figures or high profitability are associated with this term. Opposite are the secondary stocks .

Stock indices

The stock indices, which include the strongest companies in a country or an economic region in terms of turnover and / or market capitalization for a specific country ( e.g. DAX , Dow Jones Industrial Average , EURO STOXX 50 and SMI ), consist partially or completely of standard values ​​depending on the perspective.

Since most companies are listed with only one type of share, the “standard value” or “blue chip” attribute is usually transferred from the share to the associated company.

Examples

Some examples of standard values ​​are listed below, even if the concept of standard value or blue chips is not precisely defined.

•  Germany : Allianz , BASF , Bayer , BMW , Daimler , Deutsche Telekom , SAP , Siemens and Volkswagen
•  Switzerland : Credit Suisse , Geberit , Hoffmann La Roche , Lonza , Nestlé , Novartis and UBS
•  Austria : OMV , Telekom Austria and Voestalpine
•  France : Air Liquide , Danone , Engie , L'Oréal and Total
•  United Kingdom : Astra Zeneca , BP , GlaxoSmithKline and Royal Dutch Shell
•  Netherlands : Unilever
•  United States : American Express , Bank of America , Cisco Systems , Coca-Cola , Exxon Mobil , IBM , Kraft Heinz , McDonald’s and Procter & Gamble
•  People's Republic of China : Bank of China (BOC), China Construction Bank , China Life Insurance, China Merchants Holdings International , China Mobile , China Petroleum , China Telecom , ICBC / Industrial and Commercial Bank of China and PetroChina

Individual evidence

1. ↑ blue chip. In: boersenlexikon.faz.net. Retrieved March 15, 2018 . 
2. ↑ Blue chips, standard values. In: Finance and Economy. Retrieved March 15, 2018 . 
3. ↑ Springer Fachmedien Wiesbaden (ed.), Compact Lexicon Economy , 2014, p. 519
4. ↑ Cordula Heldt: Blue Chips. In: Gabler Wirtschaftslexikon. Springer Gabler Verlag, accessed on March 15, 2018 . 
5. ^ Lazard Asset Management. Retrieved October 6, 2017 .