A stock is the smallest part into which the capital of a corporation is divided. The holder of the share (shareholder), therefore, owns a “little piece” of the company, with all the rights and obligations that David CarliI am a macroeconomic and financial analyst with over 30 years’ experience, including two years as a fund manager. I specialise in currencies and commodities, and I am the author of several successful books on trading, macroeconomics, and financial markets.