Search+Business News›Markets›Stocks›News›Own a good business: Volatility, Iran, Trump will all be taken care of. 7 large-cap stocks with upside potential of up to 33%Investment IdeasSynopsisThere was a time when many investors said with pride that they owned only blue chips. Today, there are probably only a few of them left. And even if you ask them what a blue chip is, their answer may be vague. That’s understandable. Because a blue chip’s definition has changed with the economy. Twenty years ago, only MNCs made the cut. Today the list looks very different. So it is worth setting the definition down again, plainly. A blue chip is a company whose management has a track record. One that sits among the top two in its industry. And one that still has a long road left to grow.Read the headline again. It talks about good businesses to own; not the best stocks to buy. There is a difference, and that is the whole point.Over a long enough holding period, it is a good business that has a high probability of turning into the best stock. Not the other way around. So, read on only if you are the kind of investor who believes that.Now, a question. When did you last hear the term "blue chip" on the street? Not for a while, ETMarkets.com 14 mins read, Last Updated: Jul 06, 2026, 11:03:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership