A(n)________ stock is issued by a young and expanding company and usually doesn't pay a dividend.

Question

Quizplus · Accepted Answer

A growth stock is issued by a young and expanding company that is expected to grow at a rate faster than the overall market. These companies usually reinvest their earnings into the business rather than paying a dividend, so investors buy growth stocks for their potential for capital appreciation rather than for current income.

A(n)________ Stock Is Issued by a Young and Expanding Company