Published on 29 Dec 2023 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 in our experience, buying the right stocks can give your wealth a significant boost. For example, the Balchem Corporation (NASDAQ:BCPC) share price is 97% higher than it was five years ago, which is more than the market average. It's also good to see a healthy gain of 22% in the last year.
Since the stock has added US$160m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.
View our latest analysis for Balchem