Booyah Breakdown: Growth Stocks
07/14/07 - 10:41 AM EDT
The Terminator is considered one of the most influential action and science-fiction films of all time. And as Arnold Schwarzenegger's physique got bigger and bigger, so did his popularity. His growth was on fire, and as a result, he commanded more money to revive his cyborg assassin character in Terminator 2: Judgment Day.
Think of Arnold as a growth stock. In his July 6 "Mad Money" show, Jim Cramer said that "Pure, unadulterated, oxygenated growth is back." Growth stocks are where you should be these days, he says. He pointed to Research In MotionThe Arnold Schwarzenegger Stocks
Shares in a company whose earnings are expected to grow at an above-average rate relative to the market are considered growth stock shares. "So you're looking for a stock that has a high percentage of growth in sales and revenue from one period to the next," says Dan Noll, director of accounting standards at the American Institute of Certified Public Accountants. Basically, you want a company on steroids.Featured Photo Galleries
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