high-growth stock that an investor feels will significantly rise in value. Also known as growth stock, such a security tends to pay either a small dividend or no dividend at all. Companies whose stocks are in this category tend to retain earnings rather than pay dividends in order to finance their rapid growth. Seealso Performance Fund.
High-growth stock that an investor feels will significantly rise in value. Also known as growth stock , such a security tends to pay either a small dividend or no dividend at all.