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Play |
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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.
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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, while Pepsi would not because it has activities in other food business'. |
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