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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, the Fisher & Paykel Healthcare Corporation Limited (NZSE:FPH) share price is up 82% in the last 5 years, clearly besting the market return of around 3.6% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 9.8% , including dividends .
With that in mind, it's worth see...
>>> Read more: Investors in Fisher & Paykel Healthcare (NZSE:FPH) have seen notable returns of 99% over the past five years
With that in mind, it's worth see...
>>> Read more: Investors in Fisher & Paykel Healthcare (NZSE:FPH) have seen notable returns of 99% over the past five years
