Pro Medicus Limited (ASX
ME) shareholders might be concerned after seeing the share price drop 25% in the last month. But over five years returns have been remarkably great. To be precise, the stock price is 918% higher than it was five years ago, a wonderful performance by any measure. So it might be that some shareholders are taking profits after good performance. But the real question is whether the business fundamentals can improve over the long term. Anyone who held for that rewarding ride...
>>> Read more: Pro Medicus' (ASXME) 60% CAGR outpaced the company's earnings growth over the same five-year period
ME) shareholders might be concerned after seeing the share price drop 25% in the last month. But over five years returns have been remarkably great. To be precise, the stock price is 918% higher than it was five years ago, a wonderful performance by any measure. So it might be that some shareholders are taking profits after good performance. But the real question is whether the business fundamentals can improve over the long term. Anyone who held for that rewarding ride...>>> Read more: Pro Medicus' (ASX
ME) 60% CAGR outpaced the company's earnings growth over the same five-year period