Published on 10 Nov 2023 on Simply Wall St. via Yahoo Finance
We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can see their share prices grow by huge amounts. Don't believe it? Then look at the Freedom Holding Corp. (NASDAQ:FRHC) share price. It's 810% higher than it was five years ago. If that doesn't get you thinking about long term investing, we don't know what will. The last week saw the share price soften some 5.6%. We love happy stories like this one. The company should be really proud of that performance!
While this past week has detracted from the company's five-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment.
View our latest analysis for Freedom Holding