Published on 13 Mar 2024 on Simply Wall St. via Yahoo Finance
Those who invested in Danaos (NYSE:DAC) five years ago are up 529%
Buying shares in the best businesses can build meaningful wealth for you and your family. And we've seen some truly amazing gains over the years. For example, the Danaos Corporation (NYSE:DAC) share price is up a whopping 457% in the last half decade, a handsome return for long term holders. If that doesn't get you thinking about long term investing, we don't know what will. We note the stock price is up 3.0% in the last seven days.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
View our latest analysis for Danaos