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When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. For example, the ALS Limited (ASX:ALQ) share price is up 75% in the last 5 years, clearly besting the market return of around 15% (ignoring dividends).
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
Check out our latest analysis for ALS
To quote Buffett, 'Ships wi...
>>> Read more: Investing in ALS (ASX:ALQ) five years ago would have delivered you a 99% gain
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
Check out our latest analysis for ALS
To quote Buffett, 'Ships wi...
>>> Read more: Investing in ALS (ASX:ALQ) five years ago would have delivered you a 99% gain
