Secondary stocks

Secondary stocks

Stocks with smaller market capitalization, less quality and more risk than blue chip issues that behave differently than larger corporations' stocks.

Secondary Stock

Any stock issued by a publicly-traded company other than a blue chip company. Secondary stocks are issued by less well-established and less well-known companies; as a result, they carry higher risk than blue chip stocks. However, they can have higher growth potential. Secondary stocks tend to have a smaller market capitalization, often under $1 billion.
References in periodicals archive ?
Suleiman bin Mohammed bin Hamad al-Yahyaie, Chairman of the Fund said that the Fund is the only investment fund in the Sultanate that have authorization to invest in secondary stocks of the Omani companies.
New issues of tracking stock -- secondary stocks issued by major companies seeking to capture value from corporate spinoffs and Internet ventures are having a predictably tough time getting traction these days.
In 1991, Michigan's secondary stocks had an average gain of 50 percent.