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When we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the Meridian Energy Limited (NZSE:MEL) share price is up 85% in the last 5 years, clearly besting the market return of around 8.7% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 15% , including dividends .
Let's take a l...
>>> Read more: Meridian Energy's (NZSE:MEL) investors will be pleased with their stellar 132% return over the last five years
Let's take a l...
>>> Read more: Meridian Energy's (NZSE:MEL) investors will be pleased with their stellar 132% return over the last five years