A stock that moves up and down in price at about the same rate as the market. Because of this, it is used as an indicator of the market as a whole. Barometer stocks are blue chips and are known for having stable records.
A stock that moves up and down in price at about the same rate as the market. Because of this, it is used as an indicator of the market as a whole. Barometer stocks are blue chips and are known for having stable records.