Jackson Associates is a firm that owns many stationary stores across the United States.The company's stock performance is highly linked to the overall performance of the stock market.The company's stock performs well when the economy and the stock market perform well and vice-versa.Jackson Associates is an example of a(n)________ stock.

Question

Quizplus · Accepted Answer

A)Cyclical stocks are stocks from companies whose earnings tend to track the ups and downs of the economy in a predictable pattern-in other words, their revenue and profits grow as the economy grows and shrink as the economy shrinks. Many of these companies are in basic industries such as housing and transportation.
B)Cyclical stocks are stocks from companies whose earnings tend to track the ups and downs of the economy in a predictable pattern-in other words, their revenue and profits grow as the economy grows and shrink as the economy shrinks. Many of these companies are in basic industries such as housing and transportation.
C)Cyclical stocks are stocks from companies whose earnings tend to track the ups and downs of the economy in a predictable pattern-in other words, their revenue and profits grow as the economy grows and shrink as the economy shrinks. Many of these companies are in basic industries such as housing and transportation.
D)Cyclical stocks are stocks from companies whose earnings tend to track the ups and downs of the economy in a predictable pattern-in other words, their revenue and profits grow as the economy grows and shrink as the economy shrinks. Many of these companies are in basic industries such as housing and transportation.
E)Cyclical stocks are stocks from companies whose earnings tend to track the ups and downs of the economy in a predictable pattern-in other words, their revenue and profits grow as the economy grows and shrink as the economy shrinks. Many of these companies are in basic industries such as housing and transportation.

Jackson Associates Is a Firm That Owns Many Stationary Stores