A cyclical stock is a stock that follows the business cycle of advances and declines in the economy.

Name: A cyclical stock is a stock that follows the business cycle of advances and declines in the economy.
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Question

Quizplus · Accepted Answer

A cyclical stock is highly influenced by the economic cycle and tends to increase in value during times of economic growth and decrease in value during times of economic decline. Examples of cyclical stocks include companies in the automotive, construction, and retail industries.

A Cyclical Stock Is a Stock That Follows the Business