one-decision stock investment & finance definition

A stock that can be bought and held indefinitely such that no second decision to sell is required. Selecting one-decision stock was a popular investment philosophy during the 1970s when institutional investors concentrated their funds on a limited number of high-quality growth stock such as IBM, Kodak, and Procter & Gamble. The essence of this investment philosophy is that, although temporary aberrations in the stock's price may occur, the stock should outperform the market over an extended period.