Published on 15 Apr 2024 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 you can do a lot better than that by buying good quality businesses for attractive prices. For example, the BWX Technologies, Inc. (NYSE:BWXT) share price is 83% 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 48%.
Since the long term performance has been good but there's been a recent pullback of 5.2%, let's check if the fundamentals match the share price.