MCY News: Investors in Mercury NZ (NZSE:MCY) have made a decent return of 99% over the past five years - 1st Jan 2023, 7:00am

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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 the truth is, you can make significant gains if you buy good quality businesses at the right price. To wit, the Mercury NZ share price has climbed 63% in five years, easily topping the market return of 3.6% (ignoring dividends).

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if t...

>>> Read more: Investors in Mercury NZ (NZSE:MCY) have made a decent return of 99% over the past five years
 
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