Ask Colin
CYCLICAL STOCK
- I read and hear terms like defensive, or cyclical stocks. I know that banks are regarded as defensive and building companies as cyclical stocks, but why? I am more interested in some loose definition of these stocks, which I can understand and apply. It's funny sometimes to listen to people using these terms, but when asked to elaborate more, they run for cover.
- Do you continue to hold stocks in a bear market and would you include any growth stocks?