单选题
Mamford Industries has solid earnings that are projected to grow steadily into the foreseeable future. Which of the following is TRUE? A. Mamford is a growth company. B. Mamford's stock is considered a growth stock. C. Mamford is a growth company and its stock is a growth stock.
【正确答案】
A
【答案解析】Based upon the information, all we can say is that Mamford is a growth company. The stock may be overpriced and not in a position to grow. The problem gives no information concerning the cyclicality of Mamford Industries.