US term for the stock
(shares) of a large publicly held
blue-chip firm with a market capitalization of $5-billion or more. Stocks of these firms (which are the major drivers of economy) are tracked by both Dow Jones Industrial Average (DJIA)
and the Standard
And Poor's 500 (S&P 500). Value
of their shares, because of their sheer volume
, tends to grow slower than those of smaller firms but remains stable
over longer periods. Also called large caps.