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Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. Buying under-rated businesses is one path to excess returns. To wit, the Computershare share price has climbed 75% in five years, easily topping the market return of 19% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 12% in the last year, including dividends.
Now it's worth having a look at the...
>>> Read more: Investing in Computershare (ASX:CPU) five years ago would have delivered you a 104% gain
Now it's worth having a look at the...
>>> Read more: Investing in Computershare (ASX:CPU) five years ago would have delivered you a 104% gain
