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boomer stock
What does boomer stock mean?
A boomer stock is a mature, stable, dividend-paying company unlikely to post explosive single-day gains, appealing to conservative, longer-term investors. WallStreetBets uses the term dismissively toward 'safe' names.
"Bored of my boomer stocks, he said, and bought weekly options instead."
Origin
WallStreetBets slang tying steady, unexciting stocks to 'baby boomer' investing tastes.
Frequently asked questions
What is a boomer stock?
It's slang for a mature, stable, dividend-paying company that won't post explosive gains, appealing to cautious long-term investors rather than thrill-seeking traders.
Why is it called a boomer stock?
WallStreetBets coined it to tie steady, unexciting stocks to the conservative investing tastes stereotypically associated with baby boomers.
Is calling something a boomer stock an insult?
It's dismissive and half-joking on WallStreetBets, implying the stock is boring and safe, but it isn't a serious slur.
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