What is blue-chip share or stocks

What is blue-chip share or stocks:

A blue-chip stock is the stock of a large, well-established and financially sound company that has operated for many years. A blue-chip stock typically has a market capitalization in the billions, is generally the market leader or among the top three companies in its sector, and is more often than not a household name.

-By Investopedia

Blue chip stocks are shares of very large and well-recognized companies with a long history of sound financial performance. These stocks are known to have capabilities to endure tough market conditions and give high returns in good market conditions. Blue chip stocks generally cost high, as they have good reputation and are often market leaders in their respective industries.

-By The Economic Times

In generally blue chip share is market renowned share which provides good amount of yearly dividends to this stock holder, profit growth is higher, market capitalization is large, market leaders in its sector, debt-to-equity ratio is stable, and return on equity is good etc.

Sample blue chip shares are: 
                                            3M (MMM),

Alphabet (GOOGL),

Amazon (AMZN),

Apple (AAPL),

Bank of America (BAC),

Coca-Cola (KO),

Disney (DIS)