When we invest, we're generally looking for stocks that outperform the market average. 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 96% in the last 5 years, clearly besting the market return of around 29% (ignoring dividends).
So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.
View our...
>>> Read more: Mercury NZ's (NZSE:MCY) investors will be pleased with their splendid 147% return over the last five years
So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.
View our...
>>> Read more: Mercury NZ's (NZSE:MCY) investors will be pleased with their splendid 147% return over the last five years
