Investing and Money Glossary, terms and definitions.

Nifty Fifty

The 50 stocks that were most favored by institutional investors in the 1960s and 1970s. Companies in this group were usually characterized by consistent earnings growth and high P/E ratios. They became known as "one-decision" stocks because investors were told they could buy and hold forever. Example of Nifty 50 stocks are General Electric, Coca-Cola, and IBM. However, part of this list included companies that have been troubled in the last decade, such as Xerox and Polaroid.