second-tier stock

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Second-Tier Stock

A stock investors favor less than others. This results in the price of a second-tier stock being lower, sometimes significantly so. This may occur for a number of reasons: for example, the stock may have lower market capitalization. Alternatively, it may simply trade on a less prestigious exchange. The specific stocks in a second-tier change as investors' expectations change. See also: Tiered market, Two-tier market.
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second-tier stock

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.
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Valley River's property manager, Rob McOmie, said Eugene is the second most popular destination in the state for retailers, after Portland, but it is still considered a second tier market. During the recession, he said, retailers were bargain-shopping in the top tier malls, moving into spaces that previously weren't available, or had been more expensive.
London's FTSE 100 Index closed up 23.7 points to 5935.9, while the City's second tier market, the FTSE 250, which has been steadily making gains this month, reached an all time high of 12293.2.
Saidi gave no timeframe on the creation of the second tier market, although there have been reports that the groundwork is already underway for the bourse and the media-wise Saidi is not the sort of person to make such announcements without having a good idea of just how far along the preparations are.
Since it was launched in 1995, the second tier market has attracted more than 1,300 quoted companies with a combined market capitalisation of about pounds 48 billion.
Despite the local market's incredibly inflated prices, this attitude is facilitated by the FANNIE MAE guidelines for purchasing these mortgages in the second tier market which tries to create opportunity and make the market "affordable".
And now we're going to the second tier markets,' the top executive said, while referring to Indonesia and Vietnam, whose remittance sectors are valued at $10 billion and $20 billion, respectively.
"The trends I am seeing over the past few years are that more people are moving into the second tier markets, places like Jumeirah Village Circle (JVC), Jumeirah Village Triangle (JVT) and Sports City," she said.
Dollar international investors are able to pay more (relatively speaking) for properties which should provide additional upside in first tier and select second tier markets.
The CB Richard Ellis Tri-State Investment Team specializes is the sale of investment properties in the suburban markets surrounding New York City, as well as in second tier markets in the Eastern United States.