The stock of an issuer that reinvests most of its earnings back into the business and often has a high PE ratio is most likely classified as a(n)

The stock of an issuer that reinvests most of its earnings back into the business and often has a high PE ratio is most likely classified as a(n)

The stock of an issuer that reinvests most of its earnings back into the business and often has a high PE ratio is most likely classified as a(n) 







A) Small cap stock
B) Growth stock
C) Income stock
D) Cyclical stock









Answer: B