CSL News: Those who invested in CSL (ASX:CSL) five years ago are up 42% - 5th Jul 2024, 7:21am

[annb0t]

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 CSL share price has climbed 34% in five years, easily topping the market return of 16% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 11%, including dividends.

So let's investigate and see if the longer term performan...

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