Published on 9 May 2024 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 pick the right individual stocks, you could make more than that. For example, Main Street Capital Corporation (NYSE:MAIN) shareholders have seen the share price rise 33% over three years, well in excess of the market return (17%, not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 38% , 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.