Nifty Fifty

Nifty Fifty - Nifty Fifty is the informal term used to refer to the fifty popular large cap stocks on the New York Stock Exchange in the 1960's and 1970's that were widely regarded as solid buy and hold growth stocks. The fifty credit with the propelling the bull market of the early 1970's. The Nifty Fifty are still solid performers, although a few are now defunct or otherwise worthless. The stocks, described as one decision, as they viewed as extremely stable, even over long periods of time. The most common characteristics by the constituents were solid earnings growth and low PE ratio.