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1·But after a certain growth stock is bound to enter after finishing even low stage.

而股票经过一定的增长后势必将进入整理甚至下探的阶段。

2·Now they are beginning to wonder whether Apple's days as a growth stock are coming to an end.

现在，他们开始怀疑，苹果作为成长型股票的时代是否即将结束。

3·Thus, even a stopped clock can look like a growth stock if the dividend payout ratio is low.

所以，如果分红率足够低，一个“不走的钟表”也能看起来像一个成长股。

4·Beyond that, switching from being a growth stock to being a value stock can be a long and painful process.

除此之外，从成长型股票变成价值型股票，可能是一个漫长而痛苦的过程。

5·Investors may still someday reanoint Apple as a growth stock, especially if the company can create a best-selling new product that drives up its sales rate.

投资者依然可能在某一天重新把苹果当做成长型股票，特别是如果该公司能够创造出一款畅销新品，提高销售的话。

6·Or we note the ownership life cycle as a former growth stock such as Microsoft (MSFT, news) ages toward a value stock, losing one type of investor as it picks up another.

我们注意到，过去的成长型股票，例如微软，成长为一只价值股的生命周期中，会失去一类投资者，转而由另一类投资者持有。

7·Moreover, the diluting effects of share capital increase on earnings will drag stock price down in the absence of a desirable expectation for earnings growth.

而且，增加的股权资本对每股收益的稀释作用在收益增长无望的情况下将引起股票价格的下跌。

8·Despite robust economic growth in many parts of Asia, stock markets in the region this week have closely followed the sharp swings in stock prices in the United States and Europe.

虽然亚洲各国在经济上都有了强健的增长，但这个星期的亚洲股票市场紧随美国及欧洲股价大跌之后，受到影响。

9·Slower growth, tighter money and higher interest rates have not historically been good for stock prices. At the least, they act as a drag on any potential rally.

增长更慢，银根更紧，利率更高历来对股票行情都不是利好，最起码，这些举措都拖慢可期回升的步伐。

10·Even slow growth should cut the stock of jobless if productivity growth is sluggish, as seems likely.

就算是减缓的增长率也会减少失业人数，如果生产力增长缓慢的话，这很有可能。