SPK News: Spark New Zealand (NZSE:SPK) shareholders have earned a 12% CAGR over the last five years - 11th Oct 2023, 8:09am

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When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. For example, long term Spark New Zealand Limited (NZSE:SPK) shareholders have enjoyed a 25% share price rise over the last half decade, well in excess of the market decline of around 0.3% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 1.7% , including dividends .

So let'...

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