Cyclical stock

Definition:

Stock that tends to rise quickly when the economy turns up and fall quickly when the economy turns down. Examples are housing, automobiles, and paper.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Comissão do Mercado de Valores Mobiliários (CMVM)

Portugal's supervisory authority for the Portugese financial markets. Portugal's financial regulator.

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