Published on 19 Apr 2024 on Simply Wall St. via Yahoo Finance
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But if you buy shares in a really great company, you can more than double your money. For instance the The Andersons, Inc. (NASDAQ:ANDE) share price is 106% higher than it was three years ago. How nice for those who held the stock! On the other hand, the stock price has retraced 3.6% in the last week. However, this might be related to the overall market decline of 3.7% in a week.
Since the long term performance has been good but there's been a recent pullback of 3.6%, let's check if the fundamentals match the share price.