That’s just a name we give to “a share of a well-known, profitable, and established company with a history of success”. I.e. “companies that experience constant and consistent growth”. That’s literally what OP is criticizing. They do the same things. Microsoft is a blue chip. You think they don’t have layoffs to appease shareholders? Google? Apple?
There’s also such a thing as a blue chip stock.
That’s just a name we give to “a share of a well-known, profitable, and established company with a history of success”. I.e. “companies that experience constant and consistent growth”. That’s literally what OP is criticizing. They do the same things. Microsoft is a blue chip. You think they don’t have layoffs to appease shareholders? Google? Apple?
More along the lines of a Coca Cola.