Final answer:
Growth stocks refer to the shares of companies expected to grow at an above-average rate compared to other companies, often seen in emerging industries like technology and biotech, and are poised for higher future earnings. Growth stocks offer greater capital gains potential rather than high dividend yields, with historical examples including the internet ".com" boom.
Step-by-step explanation:
The name given to stocks of corporations in emerging fields such as technology, biotechnology, or Internet-related firms, whose earnings are expected to grow at a faster rate than other stocks, is B) Growth stocks.
Growth stocks are associated with companies that reinvest their earnings to accelerate growth in the short term. Although they often do not pay out high dividends, the expectation of rapid growth typically leads to an increase in share price, offering capital gains to investors. This is an approach taken by many during the internet ".com" boom and other historical market booms, where speculation drove prices upwards.
Getting rich by investing in the stock market seems straightforward: identify which companies are expected to grow and generate high profits in the future, buy their stock, and then potentially multiply your money as the value of those investments grows.