this post was submitted on 26 Mar 2024
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[–] frezik@midwest.social 8 points 8 months ago

Not necessarily. Investors also care about dividends. Those tend to be the people who hold on long term. Blue chips, as a class of stock, are all about companies that don't make big moves in price and pay out in dividends. They're older companies that have built their product line, and while they still do R&D on new ones, they only do that to make sure they don't get left behind.