Published on 22 Dec 2022 on Simply Wall St. via Yahoo Finance
Nelnet (NYSE:NNI) sheds 3.3% this week, as yearly returns fall more in line with earnings growth
When we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Nelnet, Inc. (NYSE:NNI) shareholders have enjoyed a 63% share price rise over the last half decade, well in excess of the market return of around 36% (not including dividends).
In light of the stock dropping 3.3% 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 five-year return.
Check out our latest analysis for Nelnet