Published on 2 Jan 2024 on Simply Wall St. via Yahoo Finance
Those who invested in Sonic Healthcare (ASX:SHL) five years ago are up 69%
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term Sonic Healthcare Limited (ASX:SHL) shareholders have enjoyed a 46% share price rise over the last half decade, well in excess of the market return of around 33% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 12% , including dividends .
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
View our latest analysis for Sonic Healthcare