Pure Play

What does it Mean? A company devoted to one line of business, or a company whose stock price is highly correlated with the fortunes of a specific investing theme or strategy.
Investopedia Says... For example, a startup R&D company developing a new technology would be considered pure play because its success depends upon a single product.

Coca-Cola would also be considered a pure play in the beverage business. Whereas Pepsi wouldn't be pure play, because it has activities in the food business.

Terms Related Links

Conglomerate
Research and Development - R&D
Stock
Subsidiary

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