The phrase "stock specific" means that something is related to or affecting a particular stock or company, rather than the general stock market as a whole.
We limit stock specific risk by usually investing in over 500 stocks. (schroders.com)
In the case of both lists, the causes of the stand - out performances were stock specific with no overarching investment themes of note. (oakmark.com)
Investors often believe that an allocation to ETFs is a great way to reduce stock specific risk given their broad universe and large diversification in term of sector and country allocation. (investmenteurope.net)