MCY News: Mercury NZ (NZSE:MCY) shareholders have earned a 17% CAGR over the last five years - 17th Nov 2023, 12:46pm

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Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Mercury NZ Limited (NZSE:MCY) share price is up 80% in the last 5 years, clearly besting the market return of around 0.5% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 18% in the last year , including dividends ...

>>> Read more: Mercury NZ (NZSE:MCY) shareholders have earned a 17% CAGR over the last five years
 
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