Published on 7 May 2024 on Simply Wall St. via Yahoo Finance
Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, long term Chocoladefabriken Lindt & Sprüngli AG (VTX:LISN) shareholders have enjoyed a 41% share price rise over the last half decade, well in excess of the market return of around 15% (not including dividends).
Since the stock has added CHF785m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.