Allison likes to buy stock of relatively small, new companies with innovative products in a rapidly expanding sector of the economy. She believes that the value of many of these stocks will rise significantly over time. Allison's approach is an example of the market timing strategy.

Question

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Allison's approach is an example of the growth strategy, which focuses on investing in companies with strong growth potential. Market timing strategy involves predicting market trends and buying or selling securities based on those predictions.

Allison Likes to Buy Stock of Relatively Small, New Companies