The shares of companies that have enjoyed better-than-average growth over recent years and are expected to continue their climb.
Archives
Fill or Kill (FOK) Order
A tradable limit order marked “FOK” will trade as much stock as possible upon entry, but will immediately cancel or kill any unfilled volume.
Gross Margin
Gross profit divided by sales.
Cross
A trade that occurs when two accounts within the same Participating Organization/Member wish to buy and sell the same security at an agreed price and volume. With some approved exceptions, crosses can only occur within the current bid and ask for the stock.
Growth Stocks
Companies with consistent annual earnings and sales growth of at least 15%.
Financial Leverage Ratio
The leverage ratio, which is total assets divided by shareholders’ equity, is an all-purpose debt gauge. A company with no debt would have a ratio of one, and the higher the ratio, the more debt.
Gross Profit
Profit a company makes on goods and services before considering overhead expenses. Gross profit is sales minus cost of sales.
Cum Dividend
With dividend. The owner of shares purchased cum dividend is entitled to an upcoming already-declared dividend. The opposite of this is ex dividend.
Guaranteed Investment Certificate (GIC)
A deposit instrument most commonly available from trust companies or banks requiring a minimum investment at a predetermined rate of interest for a stated term, such as one or five years. GICs are generally non-redeemable and non-transferable before maturity.
Financials
Financial statements including operating statement, balance sheet, and statement of cash flows.