Published on 27 Apr 2024 on Simply Wall St. via Yahoo Finance
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you can make far more than 100% on a really good stock. For example, the Elevance Health, Inc. (NYSE:ELV) share price has soared 105% in the last half decade. Most would be very happy with that. Also pleasing for shareholders was the 11% gain in the last three months. The company reported its financial results recently; you can catch up on the latest numbers by reading our company report.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.