A Different Perspective

Shareholders have faith in ADX Energy (ASX:ADX)

As a result the stock has climbed 18% in the past week, taking the one-year gain to 53%

October 02, 2024
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick the right individual stocks, you could make more than that. For example, the ADX Energy Ltd (ASX:ADX) share price is up 53% in the last 1 year, clearly beating the market return of around 18% (not including dividends). If it can keep that out-performance up over the long term, investors will do very well! It is also impressive that the stock is up 44% over three years, adding to the sense that it is a real winner.

A Different Perspective
Given the share price momentum remains strong, it might be worth taking a closer look at the stock, or you might miss a great opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information. Even so, be aware that ADX Energy is showing 4 warning signs in our investment analysis , and 2 of those are significant...