Published on 18 Mar 2023 on Simply Wall St. via Yahoo Finance
One simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with prowess, you can make superior returns. For example, carsales.com Ltd (ASX:CAR) shareholders have seen the share price rise 82% over three years, well in excess of the market return (49%, not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 5.6% , including dividends .
Although carsales.com has shed AU$418m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.
See our latest analysis for carsales.com