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Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to 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 Nanosonics Limited (ASX:NAN) share price is up 83% in the last 5 years, clearly besting the market return of around 15% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 31% in t...
>>> Read more: Nanosonics' (ASX:NAN) five-year earnings growth trails the notable shareholder returns
>>> Read more: Nanosonics' (ASX:NAN) five-year earnings growth trails the notable shareholder returns