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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 Spark New Zealand Limited (NZSE:SPK) shareholders have enjoyed a 48% share price rise over the last half decade, well in excess of the market return of around 7.1% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 13% in the last year , including dividends...
>>> Read more: Spark New Zealand's (NZSE:SPK) investors will be pleased with their impressive 104% return over the last five years
>>> Read more: Spark New Zealand's (NZSE:SPK) investors will be pleased with their impressive 104% return over the last five years
