DEFINITION of 'Bo Derek'
"Bo Derek" is slang phrase used to describe a perfect stock or investment. In the 1979 hit movie "10," actress Bo Derek portrayed the "perfect woman," or "the perfect 10." As a result, her name quickly became synonymous with stocks perceived to be perfect. This term was used more often in the early 1980s after the movie "10" first came out, and contemporary investors may be more likely to apply the name of a more current star to their stocks.
BREAKING DOWN 'Bo Derek'
In 1979, Bo Derek was in her early 20s when she starred in the comedy "10." In the film, she plays a woman whose beauty compels a Hollywood songwriter to become obsessed with her. In real life, the film catapulted Derek to icon status, and during the 1980s and a bit in the following decades, stockbrokers and investors used her name to describe stocks they pegged as winners.
Using the name "Bo Derek" to describe stocks has declined over the years, as the collective memory of her sleek body and braided hair emerging from the waves has faded. However, in the same spirit, investors and analysts have continued to describe stocks with words such as 'sexy" and "attractive."
The exact meaning of these descriptors vary based on context and the person using them, but generally, "sexy" describes a stock that looks like it has the potential to earn a lot of money. In addition, "sexy" usually describes individual stocks rather than mutual funds.
In other cases, the term "sexy" describes exciting stocks from companies dealing with cutting-edge technology or shares in companies with compelling brand images. In contrast, stocks of companies that sell products such as pork, paper or bricks may be described as "humdrum" or "boring," rather than sexy, regardless of their earning potential.
Jennifer Lopez Stocks
Like Bo Derek, Jennifer Lopez's name is also used to describe stocks. Lopez became popular in the 1990s and 2000s for her work as a singer, actor and dancer, and investors began using her name to describe select stocks sometime during those decades. Surprisingly, a Jennifer Lopez or J. Lo stock is not just a sexy or attractive stock. The phrase is not synonymous with a Bo Derek stock but instead has a more specific meaning. In homage to J. Lo's curvy bottom, a J. Lo stock is one that has a rounded bottom in its stock pattern. Typically, a rounded bottom heralds a long-term reversal pattern that indicates the stock is likely to rise in value after experiencing a dip.