Update: Inovalis Real Estate Investment Trust (TSE:INO.UN) Stock Gained 14% In The Last Five Years
Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Inovalis Real Estate Investment Trust (TSE:INO.UN) share price is up 14% in the last 5 years, clearly besting the market return of around 9.4% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 13% , including dividends .
See our latest analysis for Inovalis Real Estate Investment Trust
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (E ...