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Why buy stock in a company?

Is there any reason aside from speculation that a person would buy stock in an established company that doesn't pay dividends? I mean, if its a growth company, then you expect all the profits to go into growing the business and not recieve dividends yet, but its the companys out of the "growth" stage and still doesn't pay dividends, thens there no logical reason to buy the stock... "A stocks value is entirely the value...

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