Dictionary of Business Terms: performance stock
performance stock
high-growth stock that an investor feels will significantly rise in value. Also known as growth stock. such a security tends to pay either a small dividend or no dividend at all.
Dictionary of Finance and Investment Terms: performance stock
performance stock
high-growth stock that an investor feels will significantly rise in value. Also known as growth stock, such a security tends to pay either a small dividend or no dividend at all. Companies whose stocks are in this category tend to retain earnings rather than pay dividends in order to finance their rapid growth.
