story stock


Also found in: Financial.

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
References in periodicals archive ?
Tesla in a way is a story stock. Though many investors have generated serious wealth buying into its story, the company has yet to turn a profit producing cars.
"Market-timing has never been our game, but we can't help but notice signs that this bull market may be getting long in the tooth: the Federal Reserve's first interest-rate hike in a decade, a lack of market breadth, investors' willingness to pay almost any price for fast-growing but unprofitable 'story stocks,' signs of trouble in the junk-bond market, and records or near-records in share repurchase activity and mergers and acquisitions," he stated.
"Story stocks" offers a quick look each day at the stocks that drove the previous day's markets, while the "Today" feature provides an overview of the events and companies that are likely to affect the market today.
Market Guide's home page is loaded with financial links, including Real Time Quotes, Story Stocks, Market Commentary, Stock Quest, Market News Today, and Broker Research, to name only a few.
Most of the IPOs that have been pulled from the market involve "story stocks" issued by manufacturers or marketers of unusual products or services.
"Story stocks" will offer a quick look each day at the stocks that drove the previous day's markets, while the "Today" feature will provide an overview of the events and companies that are likely to affect the market today.