After 1956, however, worldwide overproduction appeared and both the industry and, in most cases, the stocks therein lost their growth characteristics. The Stocks for the Surging Sixties Every decade has produced its special fashions in financial stock market darlings that advanced on the basis of great enthusiasm for an industry or a particular company. In the early 1920's it was the rails”later, utilities, tank and motor shares. In the thirties, re-Organization rails and chemical shares were in vogue. In the forties, after the war, there was a big upsurge in oil stocks, television shares, and pharmaceutical companies. In the fifties, drug stocks continued in fashion; there was a flurry in uranium; and toward the end of the decade a splurge in camera, electronic, missile, automation, and leisure time shares.

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