With The Palomino, Columbia Pictures inaugurated its policy of giving "class" to its medium-budget pictures by filming in Technicolor. Columbia stock player Jerome Courtland stars as Steve Norris, scion of a meat-packing family. Steve decides to go into another line of work when he meets Maria Guevara (Beverly Tyler), owner of an on-the-skids horse-breeding farm. Helping Maria put her operation back on its feet, Steve runs afoul of crooked horse-breeder Ben Lane (Roy Roberts), who has stolen the girl's prize palomino stallion for stud purposes. Palomino wisely contains elements that appeal to youngsters and grownups alike: and beside, one couldn't go wrong with a horse picture back in 1950.