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Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, long term Ricegrowers Limited (ASX:SGLLV) shareholders have enjoyed a 53% share price rise over the last half decade, well in excess of the market return of around 30% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 7.7% , including dividends .
With that in ...
>>> Read more: Investing in Ricegrowers (ASX:SGLLV) five years ago would have delivered you a 110% gain
With that in ...
>>> Read more: Investing in Ricegrowers (ASX:SGLLV) five years ago would have delivered you a 110% gain