cult stock
Word Rarity
Uncommon
Frequency: 4.03 in modern English
17
Scrabble Score
9
Letters
3
Syllables
7
Unique Chars
Meaning
noun
A stock in a failing company whose price per share is inappropriately high because the company used to be a market leader or previously had a well-known popular product.
Example Sentences
- "With the demise of the dot-coms, you can make a strong case that a chain of doughnut shops has become America's favorite cult stock."
- "With a loyal core investor following, cult stocks inherently trade at a premium."
- "Cult stocks like Palm and Sun Microsystems can exist on air for years because they have cash and a history even if their market share shrinks and their prospects dim."