Published on 29 Apr 2024 on Simply Wall St. via Yahoo Finance
While shareholders of Beazley (LON:BEZ) are in the black over 3 years, those who bought a week ago...
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 Beazley plc (LON:BEZ), which is up 88%, over three years, soundly beating the market return of 1.9% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 9.4% , including dividends .
In light of the stock dropping 4.7% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive three-year return.