![]() ![]() NYSE Nifty Fifty constituents Note: There is no official version of companies composing the list, but the following companies were often included among the Nifty Fifty: Professor Jeremy Siegel analyzed the Nifty Fifty era in his book Stocks for the Long Run, and determined companies that routinely sold for P/E ratios above 50 consistently performed worse than the broader market (as measured by the S&P 500) in the next 25 years, with only a few exceptions. Trading at fifty times earnings or higher was common, far above the long-term market average of about 15 to 20. The most common characteristic by the constituents were solid earnings growth for which these stocks were assigned extraordinary high price–earnings ratios. The stocks were often described as "one-decision", as they were viewed as extremely stable, even over long periods of time. ![]() Investor Howard Marks reports that about half of the Nifty Fifty "compiled respectable returns for 25 years, even when measured from their pre-crash highs, suggesting that very high valuations can be fundamentally justified." Most of the Nifty Fifty have since recovered and are solid performers, although a few are now defunct or otherwise worthless. These fifty stocks are credited by historians with propelling the bull market of the early 1970s, while their subsequent crash and underperformance through the early 1980s are an example of what may occur following a period during which many investors ignore fundamental stock valuation metrics, to instead make decisions on popular sentiment. In the United States, the term Nifty Fifty was an informal designation for a group of roughly fifty large-cap stocks on the New York Stock Exchange in the 1960s and 1970s that were widely regarded as solid buy and hold growth stocks, or " Blue-chip" stocks. For other uses, see Nifty Fifty (disambiguation). ![]() A.For the Indian stock market index, see NIFTY 50. One by one till we've given a day to ev'ry state in the good old U. (insert name of home state here) is the best of the North, south, east, west, in our calm, objective opinion, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming (whhhhyyyyyyyy-oooohhhh-ming) Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas New Hampshire, New Jersey, New Mexico, New York, North Carolina, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada Iowa (eye-oh-waayyy), Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan One by one till we've given a day to ev'ry state in the U.S.A.Īlabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut ĭelaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana Shout 'em, scout 'em, Tell all about 'em, Sorry for the U.S.-centricism.įifty nifty United States from thirteen original colonies įifty nifty stars in the flag that billows so beautif'ly in the breeze.Įach individual state contributes a quality that is great.Įach individual state deserves a bow, we salute them now.įifty nifty United States from thirteen original colonies, Until then, use your imagination if you're not already familiar with the song. ![]() If and when I figure out that E2 song melody-in-a-node notation thingy, I'll drop that in here, too. Can be useful later in life when someone asks how many states begin with the letter 'M'. Song forced upon innocent grade schoolers. ![]()
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