Below is the performance of the Vicker’s Favorite Fifty OTC stocks as published on October 30, 1961 by Barron’s covering data from September 1, 1961 to September 4, 1962:
In the period from September 1, 1961 to September 4, 1962, the Dow Jones Industrial Average declined –16.46% compared to the overall change of Favorite Fifty OTC stocks at –43.75%. It is very important to contrast the Favorite Fifty OTC stocks to the Favorite Fifty NYSE stocks. The OTC stocks are small cap companies and favor growth over income which is found in the NYSE list.
The breakdown of the data based on dividend yield, price-to-earnings ratios, and dividend payout ratio.
The “best” performance was achieved by no group listed here. With the Dow Jones Industrial Average declining by -16.46%, no single subset of stocks managed to perform better.
Note:
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Rank is determined by the largest number of holdings by closed-end funds and open-end investment companies for listed Over-The-Counter stocks. Rank number 1 means the stock is held by the most investment companies on a dollar value basis.
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Armon, Glenn. “Over-The-Counter Favorites.” Barron's. October 30, 1961. page 9.
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Aigeltinger & Co.
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Vickers, Sydney. Guide to Investment Company Portfolios. Vickers & Associates. 1960.
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