SFYF - The New Nifty 50 Growth Stocks: Shocking Outperformance
- We have entered a new age of powerful growth stocks similar to, if not more impressive than, the original Nifty 50 of the late 1960s and early 1970s.
- When I first wrote this article (8/21/20), The New Nifty 50 had a shocking average P/E ratio of 96 and an average price to revenues of 18.6.
- They have since continued to surge another 11.2% on average. In fact, only 4 of the 50 have declined since August 21, 2020.
- The reasons for this emergence of extremely high P/E ratio large cap growth stocks are detailed along with a discussion of future prospects.
For further details see:
The New Nifty 50 Growth Stocks: Shocking Outperformance