U.S. Markets closed

'Nifty Fifty' Returns as Large Cap Stocks Attract Buyers


Stocks continue to see a rotation back to risk averse large cap names. Jason Weisberg of Seaport Securities points out that with volume drying up, investors prefer to stash their money in relatively safe, big names. The Russell 3000 companies with market caps over $50 billion have delivered performance of 5% year to date. The "nifty fifty" term was coined during the 1960's bull market to describe 50 popular stocks. It looks like the "nifty fifty" will return as large cap companies over $50 billion seem to be the stocks drawing investors to them.