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direct play

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Financial Dictionary

direct play

The stock of a firm that concentrates its operations in a specific industry. An investor expecting favorable opportunities from a particular line of business may seek a direct play in the business itself rather than invest in the stock of a company engaged not only in that business but also in a variety of other businesses. Although a direct play has good profit potential, it is generally more risky than a security in a widely diversified company. Also called play.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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