Meaning of “cyclical stock” in the English Dictionary

business-english dictionary

"cyclical stock" in Business English

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cyclical stocknoun [ C or U ]

uk us FINANCE, STOCK MARKET

a share or shares in companies that have periods of high activity and high profits followed by periods of low activity and low profits:

Hopes for growth have boosted cyclical stocks.

(Definition of “cyclical stock” from the Cambridge Business English Dictionary © Cambridge University Press)