Definition, Meaning & Synonyms
go-long
verb
/ɡoʊ lɔŋ/
Definition
A strategy in investment or trading where an individual buys a security with the expectation that its price will rise over time.
Examples
- Many investors choose to go-long on technology stocks, believing they will outperform the market.
- After extensive analysis, she decided to go-long on the shares of the emerging energy company.
Meaning
The term ‘go-long’ is often used in financial contexts, particularly in stock trading, indicating that a trader is betting on the upward movement of a security’s price.
Synonyms
- buy
- invest
- hold