A growth stock is a type of stock that has exhibited faster than average gains in earnings over recent years and is expected to continue showcasing high levels of profit growth. These stocks often come with higher risks but offer potentially greater returns compared to average stocks.
An informal name for a company with the potential to grow quickly, providing it can obtain substantial capital; risks are likely to be high. The information technology industry is an example of a sector that has included a number of mad dogs.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.