Comment on Query of the Day

Hanan commented on 25 Nov 2013, 09:33 AM

The word multi-bagger is derived from the phrase “bag something” which means to catch something or to win something. So in terms of stocks, it simply means that the stock is really good and it will give you great returns.
The phrase “blue chip” is actually derived from the game of poker, in which traditionally the blue chips were the highest valued chips in the game of poker. A blue chip stock is considered to be among the best stocks in the index or the sector. If you have a blue chip to bet with, you’re still in the game. 🙂

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