story stock

story stock

1. A stock or bond in which a lengthy or complicated explanation or sales pitched is given to investors to persuade them to buy it. If some unproven, unheard-of company is trying to sell you story stocks, you should think twice before parting with your money.

2. A security that trades higher because of positive coverage in the press. I generally avoid buying story stocks, but some people can't help but let their emotions guide their investments.

See also: stock, story

story stock

n. shares in a company that are bought because of an appealing story about the company. I never buy a story stock. By the time I hear about it, it’s already gone up as much as it ever will.

See also: stock, story