growth stock
Definition
Stock of a company which is growing earnings and/or revenue faster than its industry or the overall market. Such companies usually pay little or no dividends, preferring to use the income instead to finance further expansion.
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Related terms:
growth strategy, contrarian, growth fund, income fund, value stock, growth industry
'growth stock' appears in the definitions of these other terms on BusinessDictionary.com:
growth shares, price to book (PB) ratio
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