Published on 19 Apr 2024 on Simply Wall St. via Yahoo Finance
Artivion's (NYSE:AORT) investors will be pleased with their notable 43% return over the last year
If you want to compound wealth in the stock market, you can do so by buying an index fund. But investors can boost returns by picking market-beating companies to own shares in. To wit, the Artivion, Inc. (NYSE:AORT) share price is 43% higher than it was a year ago, much better than the market return of around 20% (not including dividends) in the same period. So that should have shareholders smiling. Unfortunately the longer term returns are not so good, with the stock falling 11% in the last three years.
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.