Published on 25 Mar 2024 on Simply Wall St. via Yahoo Finance
Civeo (NYSE:CVEO) shareholders have earned a 18% CAGR over the last three years
By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual stocks, you could make more than that. Just take a look at Civeo Corporation (NYSE:CVEO), which is up 58%, over three years, soundly beating the market return of 19% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 29% in the last year , 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.
Check out our latest analysis for Civeo