Stalwart
A description of companies that have large capitalizations and provide investors with slow but steady and dependable growth prospects. Investopedia Says:
The annual gain that would be viewed as the norm for investing in stalwarts is about 10% to 12%. Stalwarts will by no means become tenbaggers overnight, mainly because of their large capitalization, but they are usually a good source of fairly predictable returns.
Peter Lynch popularized this term in his book "One Up on Wall Street," where he shows that the price chart of a stalwart compares neither to a topographic map of Delaware nor to one of Mount Everest, but assumes a place somewhere in the middle.
Related Terms:
Growth Stock
Large-cap
Market Capitalization
Return
Tenbagger |