favorite fifty

Nifty 50

50 blue-chip stocks that were regarded as profitable long-term investments during the 1960s and 1970s. The practice of buying and holding the nifty 50 is considered to be largely responsible for the bull market of the early 1970s; indeed the prices for the nifty 50 were driven up to very high, unsustainable levels. Most of the nifty 50 had strong growth rates and low P/E ratios. Examples included Anheuser-Busch and American Express. They were also called the Favorite 50.

favorite fifty

See nifty fifty.

单词	favorite fifty
释义	favorite fifty Nifty 50 50 blue-chip stocks that were regarded as profitable long-term investments during the 1960s and 1970s. The practice of buying and holding the nifty 50 is considered to be largely responsible for the bull market of the early 1970s; indeed the prices for the nifty 50 were driven up to very high, unsustainable levels. Most of the nifty 50 had strong growth rates and low P/E ratios. Examples included Anheuser-Busch and American Express. They were also called the Favorite 50. favorite fifty See nifty fifty.
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