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Finance Dictionary and Glossary of Investment Terms
A recommendation by a brokerage firm sent to all its customers advising that they buy or sell a particular stock regardless of investment objectives or portfolio size.
A situation where a financial professional or institution sends a recommendation to all clients to buy or sell a particular security or product, regardless of whether or not the particular asset is congruent with the client's investment goals, objectives, and risk tolerance.
A recommendation sent from a brokerage to all its customers suggesting they buy or sell a particular stock or sector, irrespective of the client's current portfolio, investment objectives or risk tolerance.