A Gold Chip stock must meet the following criteria before it is considered by First State.
Financial strength and price stability.
The industry must have continuous growth over a long period of time.
Past and future market leadership.
Instant product and company recognition.
Leading position in a growing industry.
Outstanding management.
Large capitalization so stock can be sold or bought without price sacrifice.
Client would be comfortable owning the stock for 3 years or more.
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