Secular dating
25-Oct-2019 18:13
Goldman chooses these companies because they grew sales by over 10% over the three previous years and have robust and forward-looking potential.A stock is secular when the associated company earnings remain constant regardless of other trends occurring within the market.
Also, secular can refer to subtle or dramatic movements as the term does not identify the degree of change.
It is important for investors to identify secular trends in markets, not just short-term trends, to develop a long-term investment strategy.