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If you want to compound wealth in the stock market, you can do so by buying an index fund. But investors can boost returns by picking market-beating companies to own shares in. To wit, the Downer EDI Limited (ASX
OW) share price is 48% higher than it was a year ago, much better than the market return of around 12% (not including dividends) in the same period. So that should have shareholders smiling. Unfortunately the longer term returns are not so good, with the stock falling 4.9% in the last ...
>>> Read more: Downer EDI (ASXOW) shareholders have earned a 52% return over the last year
OW) share price is 48% higher than it was a year ago, much better than the market return of around 12% (not including dividends) in the same period. So that should have shareholders smiling. Unfortunately the longer term returns are not so good, with the stock falling 4.9% in the last ...>>> Read more: Downer EDI (ASX
OW) shareholders have earned a 52% return over the last year