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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. To wit, the Mercury NZ share price has climbed 86% in five years, easily topping the market return of 2.9% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 13% in the last year , including dividends .
In light of the stock dropping 6.5% in the past week, we want to investigate the l...
>>> Read more: Mercury NZ's (NZSE:MCY) five-year total shareholder returns outpace the underlying earnings growth
In light of the stock dropping 6.5% in the past week, we want to investigate the l...
>>> Read more: Mercury NZ's (NZSE:MCY) five-year total shareholder returns outpace the underlying earnings growth
