A notable exception was Wal-Mart, the best performing stock on the list, with a 29.65% compounded annualized return over a 29-year period. The long bear market of the 1970s which began with the 1973–74 stock market crash and lasted until 1982 caused valuations of the nifty fifty to fall to low levels along with the rest of the market, with most of these stocks under-performing the broader market averages. Minnesota Mining and Manufacturing (3M).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). If you believe that any review contained on our site infringes upon your copyright, please email us.For the Indian stock market index, see NIFTY 50. #50 NIFTY UNITED STATES PLUS#All submitted reviews become the licensed property of Sheet Music Plus and are subject to all laws pertaining thereto.If you have any suggestions or comments on the guidelines, please email us. We cannot post your review if it violates these guidelines.Avoid disclosing contact information (email addresses, phone numbers, etc.), or including URLs, time-sensitive material or alternative ordering information.Please do not use inappropriate language, including profanity, vulgarity, or obscenity. Be respectful of artists, readers, and your fellow reviewers. #50 NIFTY UNITED STATES FREE#Feel free to recommend similar pieces if you liked this piece, or alternatives if you didn't.Are you a beginner who started playing last month? Do you usually like this style of music? Consider writing about your experience and musical tastes. Do you like the artist? Is the transcription accurate? Is it a good teaching tool?
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