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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. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, long term Cleanaway Waste Management Limited (ASX:CWY) shareholders have enjoyed a 79% share price rise over the last half decade, well in excess of the market return of around 18% (not including dividends).
Now it's worth having a look at...
>>> Read more: Cleanaway Waste Management's (ASX:CWY) investors will be pleased with their favorable 94% return over the last five years
Now it's worth having a look at...
>>> Read more: Cleanaway Waste Management's (ASX:CWY) investors will be pleased with their favorable 94% return over the last five years