Published on 11 May 2023 on Simply Wall St. via Yahoo Finance
Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right individual stocks, you could make more than that. For example, the Deliveroo plc (LON:ROO) share price is up 24% in the last 1 year, clearly besting the market decline of around 0.3% (not including dividends). That's a solid performance by our standards! Note that businesses generally develop over the long term, so the returns over the last year might not reflect a long term trend.
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.
Check out our latest analysis for Deliveroo