A stock issued by a corporation that has the potential of earning above-average profits when compared to other firms in the economy is called a(n)________ stock.
A)defensive
B)cyclical
C)growth
D)income
E)blue chip

Question

Quizplus · Accepted Answer

Growth stocks are issued by companies that have the potential of earning above-average profits compared to other firms in the economy. These companies often reinvest their earnings into further growth, leading to higher stock prices over time.

A Stock Issued by a Corporation That Has the Potential