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When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. For example, long term EBOS Group Limited (NZSE:EBO) shareholders have enjoyed a 75% share price rise over the last half decade, well in excess of the market decline of around 12% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 19%, including dividends.
Now it's worth hav...
>>> Read more: Investing in EBOS Group (NZSE:EBO) five years ago would have delivered you a 104% gain
Now it's worth hav...
>>> Read more: Investing in EBOS Group (NZSE:EBO) five years ago would have delivered you a 104% gain