Published on 17 Apr 2024 on Simply Wall St. via Yahoo Finance
The past five years for Ambac Financial Group (NYSE:AMBC) investors has not been profitable
The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results between individual stocks. So we wouldn't blame long term Ambac Financial Group, Inc. (NYSE:AMBC) shareholders for doubting their decision to hold, with the stock down 24% over a half decade. The falls have accelerated recently, with the share price down 12% in the last three months.
Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.