Question: Kareem Clancy wants to diversify his portfolio by adding a stock that has a value which moves in direct relation to the business cycle. What
Kareem Clancy wants to diversify his portfolio by adding a stock that has a value which moves in direct relation to the business cycle. What type of stock
is Kareem thinking about adding to his portfolio?
Multiple Choice
Blue chip stock
Cyclical stock
Defensive stock
Growth stock
Smallcap stock
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