Published on 3 Oct 2023 on Simply Wall St. via Yahoo Finance
One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. Just take a look at Parke Bancorp, Inc. (NASDAQ:PKBK), which is up 32%, over three years, soundly beating the market return of 17% (not including dividends).
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
View our latest analysis for Parke Bancorp