单选题 Which of the following statements about growth company and growth stock analysis is least likely to be correct?
  • A. A growth stock is overvalued relative to its risk.
  • B. A growth company's stock can be overvalued or undervalued.
  • C. A growth company has above-average investment opportunities.
【正确答案】 A
【答案解析】[解析] 成长型股票是指预期回报率高于其风险水平所对应的回报率的股票。如果股票的价格相对于其风险水平被高估，则其预期回报率水平将会下跌，亦即回落至正常回报率水平，不符合成长型股票的定义。