NEW YORK ( TheStreet) -- Regardless of the stock, the majority of us participate in speculation when we make an investment. Some loose consensus of sentiment determines the degree to which one stock is more speculative than another.You would be hard-pressed to find anybody willing to call McDonald's (MCD) a speculative stock, even when it hit $100. It's a heritage company that continues to grow and pays a stable dividend.
How a 'Speculative' Stock Became the Investment of a Lifetime
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