MEZ News: Pulling back 7.4% this week, Meridian Energy's NZSE:MEL) five-year decline in earnings may be coming - 25th Aug 2024, 6:31am

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Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make significant gains if you buy good quality businesses at the right price. To wit, the Meridian Energy share price has climbed 24% in five years, easily topping the market decline of 5.8% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 22% in the last year, including dividends.

Since the long term performance ha...

>>> Read more: Pulling back 7.4% this week, Meridian Energy's NZSE:MEL) five-year decline in earnings may be coming into investors focus
 
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