Published on 6 May 2024 on Simply Wall St. via Yahoo Finance
Investing in National Grid (LON:NG.) five years ago would have delivered you a 64% gain
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, the National Grid plc (LON:NG.) share price is up 26% in the last 5 years, clearly besting the market return of around 7.6% (ignoring dividends).
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.