Major Stocks | HDFS 238 - Personal Finance, Quizzes of Business Finance

Download Major Stocks | HDFS 238 - Personal Finance and more Quizzes Business Finance in PDF only on Docsity! TERM 1 Cyclical Stock DEFINITION 1 Stock of a company whose profits are greatly influenced by changes in the economic business cycle TERM 2 Countercyclical (Defensive) Stock DEFINITION 2 Stock that exhibits price changes contrary to movements in the business cycle TERM 3 Income Stock DEFINITION 3 Stock that may not grow too quickly, but year after year pays a cash dividend higher than that offered by most companies TERM 4 Growth Stock DEFINITION 4 Stock of a company that offers the promise of much higher profits tomorrow and has a consistent record of relatively rapid growth in earnings of all economic conditions TERM 5 Value Stock DEFINITION 5 Stock that tends to trade at a low price relative to its company fundamentals and thus is considered undervalued by a value investor