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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, long term Macquarie Group Limited (ASX:MQG) shareholders have enjoyed a 69% share price rise over the last half decade, well in excess of the market return of around 13% (not including dividends).
Now it's worth having a look at the company's fundamentals too, because that will help us...
>>> Read more: Investors in Macquarie Group (ASX:MQG) have made a impressive return of 105% over the past five years
Now it's worth having a look at the company's fundamentals too, because that will help us...
>>> Read more: Investors in Macquarie Group (ASX:MQG) have made a impressive return of 105% over the past five years