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Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, the ARB Corporation Limited (ASX:ARB) share price is up 83% in the last 5 years, clearly besting the market return of around 21% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 14% in the last year , including dividends .
Since the long term performance has been good ...
>>> Read more: The total return for ARB (ASX:ARB) investors has risen faster than earnings growth over the last five years
Since the long term performance has been good ...
>>> Read more: The total return for ARB (ASX:ARB) investors has risen faster than earnings growth over the last five years
