What Is a Stock Pick? A stock pick is when an analyst or investor uses a systematic form of analysis to conclude that a particular stock will make a good investment and, therefore, should be added to their portfolio. This is also known as active management. The position can be either long or short and
What Is Stock Power? Stock power is a legal power of attorney form that transfers the ownership of certain shares of a stock to a new owner. A stock power transfer form usually is only required when an owner opts to take physical possession of securities certificates, rather than holding securities with a broker. A
What Is a Stock Quote? A stock quote is the price of a stock as quoted on an exchange. A basic quote for a specific stock provides information, such as its bid and ask price, last traded price, and volume traded. Key Takeaways A stock quote is the price of a stock as quoted in
What Is a Stock Savings Plan? In a stock savings plan, certain Canadian provinces provide tax credits to residents who purchase initial public offerings (IPOs) of local companies. Stock savings plans are designed to encourage middle and high-income earners to invest in provincial economies to promote the growth of local businesses. There are also stock
What Is a Stock Screener? A stock screener is a set of tools that allow investors to quickly sort through the myriad of available stocks and increasing exchange-traded funds according to the investor’s own criteria. Stock screeners are most typically available on brokerage trading platforms (usually free), but there are also some independent subscription-based stock
What Is a Stock Split? A stock split happens when a company increases the number of its shares to boost the stock’s liquidity. Although the number of shares outstanding increases by a specific multiple, the total dollar value of all shares outstanding remains the same because a split does not fundamentally change the company’s value.
What Is a Stock Ticker Symbol? A stock symbol or ticker is a unique series of letters assigned to a security for trading purposes. Stocks listed on the New York Stock Exchange (NYSE) can have four or fewer letters. Nasdaq-listed securities can have up to five characters. Symbols are just a shorthand way of describing
What Is a Stock Trader? A stock trader is a person who attempts to profit from the purchase and sale of securities such as stock shares. Stock traders can be professionals trading on behalf of a financial company or individuals trading on behalf of themselves. Stock traders participate in the financial markets in various ways.
What Is a Stock Watcher? A stock watcher is a digital program that monitors trading activity on the New York Stock Exchange (NYSE). Stock watchers track trades to identify patterns that indicate suspicious trading. Illegal trading can occur based on rumor, inside information, or illegal activities. Key Takeaways: Stock watchers are digital programs that monitor
What Is a Stop-Loss Order? A stop-loss order is a type of order used by traders to limit their loss or lock in a profit on an existing position. Traders can control their exposure to risk by placing a stop-loss order. Stop-loss orders are orders with instructions to close out a position by buying or
