Published on 7 Dec 2023 on Simply Wall St. via Yahoo Finance
If you want to compound wealth in the stock market, you can do so by buying an index fund. But in our experience, buying the right stocks can give your wealth a significant boost. For example, the Insmed Incorporated (NASDAQ:INSM) share price is 72% higher than it was five years ago, which is more than the market average. It's fair to say the stock has continued its long term trend in the last year, over which it has risen 44%.
The past week has proven to be lucrative for Insmed investors, so let's see if fundamentals drove the company's five-year performance.
See our latest analysis for Insmed