Back Up The Truck
Definition of 'Back Up The Truck'Slang that refers to the purchase of a large position in a stock or other financial asset by an investor or trader. Typically, when someone is willing to back up the truck on a financial asset, this implies that they're extremely bullish on that asset's performance. |
|
Investopedia explains 'Back Up The Truck'For example, if an analyst recommends that it is time to start backing up the truck on XYZ stock, this means that he or she is extremely confident and upbeat about how well XYZ stock will be doing in the foreseeable future.The term refers to the imagery derived from a truck backing up to a warehouse or some other commercial building to load up goods. |
Related Definitions
Articles Of Interest
-
Analyst Recommendations: Do Sell Ratings Exist?
Analyst reports can be an investor's best friend - but without knowing how to read them, you won't be able to fully utilize them. -
Stock Basics Tutorial
If you're new to the stock market and want the basics, this is the tutorial for you! -
Can Financial Education Rebuild America’s Economy?
Find out why financial education will help America to re-establish itself as the world's (undisputed) leading economy. -
Forex Outlook For June 2013
While June’s excitement may prove to be a bit more muted than May, there are many events unfolding that forex traders should watch closely. We'll take a look at where the four major currency ... -
Earnings Guidance: Can It Accurately Predict The Future?
Explore the controversies surrounding companies commenting on their forward-looking expectations. -
The Role Of Parents In Financial Education
The need for a concerted program of financial education cannot be ignored, and even though many parents are ill-equipped to lead the charge, there are numerous programs they can support. -
How To Start Saving For Retirement
If you establish these money-saving habits and patiently allow your wealth to build, you will be taking some huge steps forward in making your financial future more secure. -
Consumer Spending As A Market Indicator
What people buy and where they shop can provide valuable information about the economy. -
What Buffett Would Say To The 50K’ers
FOX Business Network's Liz Claman will interview Berkshire Hathaway CEO Warren Buffett in an exclusive sit-down on Monday May 6th at 9:30 a.m. following the Berkshire Hathaway shareholder meeting. ... -
How To Get The Most Out Of Hiring An Accountant
When you hire an accountant, getting good tax advice going forward is as valuable as – or perhaps even more valuable than - getting the previous year’s taxes filed correctly. Learn what you need ...
Free Annual Reports