high-technology stock(redirected from Hi-Tech Stock)
A stock in a company that sells products involving sophisticated technology. Commonly, high-technology companies deal in electronics, computers, and scientific research. Investing in high-technology stocks is high risk because the market is stiffly competitive, but it may yield a high return, particularly if a technology becomes very popular. This was the case in the 1990s when the Internet became a part of daily life. Many high-technology stocks trade on NASDAQ. See also: Dot-com bubble.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The stock of a company that is involved in sophisticated technology, such as electronics, computer software, robotics, or life sciences companies. High-technology stock often offers large potential gains but tends to be quite risky because of intense competition and uncertain success.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.