The bull market of the early 1970s in the US was largely driven by a group of 50 'blue-chip' growth stocks called the 'Nifty Fifty' and included companies such as Xerox, IBM, Coca-Cola and Polaroid.
They were famously deemed as a 'one decision' trade to be bought and never sold. Their valuation reached an average P/E of 42x in 1972 before falling significantly from 1973, following the end of the...
To continue under same brands
Growth still strong and valuations attractive
Was CEO of TeamBlockchain
Joe McDonnell joins as head of portfolio solutions (EMEA)
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