George Clancy Wants to Diversify His Portfolio by Adding a Stock

question 12

Multiple Choice

George Clancy wants to diversify his portfolio by adding a stock that has a value which moves in direct relation to the business cycle.What type of stock is George thinking about adding to his portfolio?

• A)Defensive stock
• B)Cyclical stock
• C)Small cap stock
• D)Blue chip stock
• E)Growth stock

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Definitions:

Florence Nightingale

An influential figure in modern nursing, known for her pioneering work in sanitary conditions during the Crimean War and foundational role in the establishment of nursing as a profession.

Framingham Study

A long-term ongoing cardiovascular study on the residents of Framingham, Massachusetts that has contributed significantly to the understanding of heart disease.

Commonly Accepted Practice

A procedure or method widely regarded and adopted by professionals within a particular field as appropriate or effective.

Mammography

A diagnostic technique using X-rays to detect abnormalities in the breast tissue, such as tumors or cysts.