Published on 27 Jan 2024 on Simply Wall St. via Yahoo Finance
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For instance, the price of CorVel Corporation (NASDAQ:CRVL) stock is up an impressive 262% over the last five years. On top of that, the share price is up 17% in about a quarter. But this move may well have been assisted by the reasonably buoyant market (up 17% in 90 days).
While the stock has fallen 4.8% this week, it's worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals.
Check out our latest analysis for CorVel