my smooth brain cannot comprehend. please and thank you
In: Economics
If the stock doesn’t pay dividends then nothing is compounding. The value of the stock just goes up or down. If it goes up from when you bought it, then you will make money if you sell it. If it goes down from when you bought it, then you will lose money if you sell it. A “growth stock” is just a stock of a company that is known for making good money and whose value is projected to increase faster than other companies in the same industry.
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