WES News: Has Wesfarmers Limited (ASX:WES) Stock's Recent Performance Got Anything to Do With Its Financial He - 26th Aug 2023, 8:03am

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Most readers would already know that Wesfarmers' (ASX:WES) stock increased by 4.2% over the past three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to investigate if the company's decent financials had a hand to play in the recent price move. In this article, we decided to focus on Wesfarmers' ROE.

ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it rece...

>>> Read more: Has Wesfarmers Limited (ASX:WES) Stock's Recent Performance Got Anything to Do With Its Financial Health?
 
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