WOW News: Those who invested in Woolworths Group (ASX:WOW) five years ago are up 60% - 7th Nov 2023, 12:27pm

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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. Buying under-rated businesses is one path to excess returns. For example, the Woolworths Group Limited (ASX:WOW) share price is up 18% in the last 5 years, clearly besting the market return of around 14% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 10% , including dividends .

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