Published on 15 Jan 2024 on Simply Wall St. · via Yahoo Finance
Investing in BayCom (NASDAQ:BCML) three years ago would have delivered you a 45%...
By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with prowess, you can make superior returns. For example, BayCom Corp (NASDAQ:BCML) shareholders have seen the share price rise 40% over three years, well in excess of the market return (11%, not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 13% in the last year , including dividends .
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.