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Related to held fast: holdfast, steadfast


To maintain ownership of a security over a long period of time. "Hold" is also a recommendation of an analyst who is not positive enough on a stock to recommend a buy, but not negative enough on the stock to recommend a sell.


1. To not sell. That is, to continue to own a security. See also: Buy-and-hold strategy.

2. A recommendation by an analyst to neither buy nor sell a security. An analyst makes a hold recommendation when technical and/or fundamental indicators show middling performance by a security. It is also called a neutral or market perform recommendation.


A securities analyst's recommendation to hold appears to take a middle ground between encouraging investors to buy and suggesting that they sell.

However, in an environment where an analyst makes very few sell recommendations, you may interpret that person's hold as an indication that it is time to sell.

Hold is also half of the investment strategy known as buy-and-hold. In this context, it means to keep a security in your portfolio over an extended period, perhaps ten years or more.

The logic is that if you purchase an investment with long-term potential and keep it through short-term ups and downs in the marketplace, you increase the potential for building portfolio value.

References in periodicals archive ?
Mary McBride of Chicago, Illinois, held fast to her roll of kite string.
Others who held fast were: William Clay (Missouri), John Conyers (Michigan), Ron Dellums (California), Earl Hilliard (Alabama), Donald Payne (New Jersey), Robert Scott (Virginia), Louis Stokes (Ohio), Maxine Waters (California), and Melvin Watt (North Carolina).
Even on the morning of the march," she notes, "there had been appeals to include a woman speaker, but Bayard Rustin held fast .
BUDAPEST, Hungary - SINCE Jorg Haider's far right Freedom Party entered the Austrian government, Western Europe has held fast with a rejection that is surprising for both its fervor and its unity.
This time, the researchers attached a bead to each end of a DNA molecule, with one end held fast by suction and the other slowly pulled away using laser tweezers.
In fact, the last time this support was tested it held fast and sent the shares bounding higher.
But he was held fast by unseen wires to the side of Birmingham's Rotunda building.