cyclical stock

That bubble burst in the downturn of 2007-2009 when plummeting sales ( down 50% in North America alone) downgraded Harley in the eyes of investors to the ranks of a mere cyclical stock like Ford Motor ( F, Fortune 500).

2007年至2009年经济危机，泡沫破灭，销售大幅下滑（北美地区减少了50%），哈雷公司在投资者眼中成为和福特汽车（Ford Motor）一样的周期性产业股票。

The empirical study results show there are serious herding behaviors in those funds and this kind of behavior has clear effect of the stocks 'price. Secondly, this article makes a research on the relationship between funds' herding behaviors and the cyclical change of stock market.

实证研究结果表明我国股票型基金中存在较为严重的羊群效应行为，并且羊群效应行为对于股票价格具有明显的作用。其次，本文研究了基金羊群效应行为与股票市场周期性变化之间的关系。

Cyclical stock used to describe a stock that rises quickly when economic growth is strong, and falls rapidly when growth is slowing down.

周期性股票指在经济环境强劲时股价上升迅速，在经济放缓时股价急剧下跌的股票。