stock 股票.ppt

stock 1. International classification: common stock preferred stock common stock普通股: Common stock is a form of corporate equity ownership, a type of security. The terms voting share or ordinary share are also used frequently in other parts of the world; common stock being primarily used in the United States. Types of stock Preferred stock优先股: Preferred stock is a stock which may have any combination of features not possessed by common stock including properties of both an equity and a debt instrument, and is generally considered a hybrid混合的 instrument. Preferreds are senior to common stock, but subordinate to bonds in terms of claim and may have priority over common stock in the payment of dividends and upon liquidation清算. Types of stock 2. Other classification: Blue Chip Stocks（绩优股） Blue chip stocks represent the largest companies in the world such as Wal-Mart, American Express, General Motors, and Home Depot. Growth Stocks（成长股） Growth stocks represent companies whose sales and profits are growing faster then the rest of the economy or their individual sector for that matter. Defensive Stocks（防御类股） Defensive stocks are companies that are generally stable all year around as they are companies that provide important goods and services that are used in good as well as bad economic times. Income Stocks（收益股） Income stocks offer above average dividend (profit) payments to their shareholders. These companies are usually very stable, and have gained a large market share, as they can afford to heavily reward their shareholders. Types of stock Cyclical Stocks（周期性股票） Cyclical stocks are stocks of companies whose sales and profits generally fluctuate (move up down) depending on the business cycle or condition of the economy. Large Cap Stocks（大型股） Large cap stocks are generally blue ship companies that are powerhouse businesses and have a large piece of the market share. Mid Cap Stocks（中型股） A mid cap company is a company with a market ca