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A popular stock that is held by a large number of investors, especially institutional investors. A glamour stock usually has a high price and almost always has a high P/E ratio because of the larger than normal demand for it.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A widely held stock that receives a considerable amount of favorable publicity in the financial press. Glamor stocks typically represent firms with strong earnings growth and bright futures. Glamor stocks, which tend to sell at relatively high price-earnings ratios, are found in most institutional portfolios.
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.