What is the meaning of Cyclical stock?

Cyclical stocks tend to rise in value during an upturn in the economy and fall during a downturn. They usually include stocks in industries that flourish in good times, including airlines, automobiles, and travel and leisure. In contrast, stocks in industries that provide necessities such as food, electricity, gas, and health care products, or those that provide services that reduce the expenses of other companies, tend to be more price-stable. Those stocks are sometimes called countercyclicals.

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APABarry Goldsmith. (2010). cyclical stock. Retrieved September 21, 2026, from http://smartdefine.org/cyclical_stock/definitions/1151386
ChicagoBarry Goldsmith. 2010. "cyclical stock" http://smartdefine.org/cyclical_stock/definitions/1151386 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, cyclical stock, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/cyclical_stock/definitions/1151386>.
MLABarry Goldsmith. "cyclical stock" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/cyclical_stock/definitions/1151386>