Published on 1 Jul 2022 on Simply Wall St. via Yahoo Finance
Those who invested in Algoma Central (TSE:ALC) five years ago are up 90%
The simplest way to invest in stocks is to buy exchange traded funds. But the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the Algoma Central Corporation (TSE:ALC) share price is up 26% in the last five years, slightly above the market return. In comparison, the share price is down 2.2% in a year.
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
See our latest analysis for Algoma Central