While all chip stocks have been beaten up, National's shares look particularly cheap, these analysts say.
In the last three weeks alone, this average of 30 blue chip stocks has risen 4.7 percent.
Markets Blue chip stocks rose moderately and the broader market was mixed.
But chip stocks are among the most popular issues on the Street, and many analysts say there is life in the group yet.
Still, there appears to be a consensus growing that chip stocks have reached a bottom.
As a group, however, chip stocks are certainly not cheap.
He invested the rest of his earnings in commercial real estate and blue chip stocks.
Meanwhile, money continued to move into blue chip stocks from technology companies that carry much higher price to earnings ratios.
Example: How did the term "blue chip" stock get its name?
It urged taking some gains and rebalancing into blue chip stocks.