单选题 An analyst discovers a company with solid earnings but with no prospect of growth. The company could still recommend it as a growth stock: A. if the earnings remain solid. B. if it is a cyclical stock. C. if the market price of the stock is below its intrinsic value.

【正确答案】 C

【答案解析】Whether a stock is a growth stock depends only upon whether its market price is below its intrinsic value. Quality of earnings and type of firm are factors in estimating the intrinsic value, but the primary issue is whether current valuation is such that the stock is expected to grow in value in the future.