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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. For example, long term EQT Holdings Limited (ASX:EQT) shareholders have enjoyed a 30% share price rise over the last half decade, well in excess of the market return of around 16% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 2.7...
>>> Read more: EQT Holdings' (ASX:EQT) investors will be pleased with their respectable 56% return over the last five years
>>> Read more: EQT Holdings' (ASX:EQT) investors will be pleased with their respectable 56% return over the last five years