One Response to “What are a few stocks that are old and have beaten the stock market?”
on 09 Mar 2007 at 12:04 pm 1.Mark L said …
IBM, ExxonMobil, Johnson & Johnson and Walmart all come to mind, but even those stocks have had periods where they underperformed the market. Past performance is not necessarily a predictor of future stock performance. You mentioned just one company ATT that is no longer the leader that it once was, but there are several former great companies whose stocks no longer perform as well as the market as a whole.
on 09 Mar 2007 at 12:04 pm 1.Mark L said …
IBM, ExxonMobil, Johnson & Johnson and Walmart all come to mind, but even those stocks have had periods where they underperformed the market. Past performance is not necessarily a predictor of future stock performance. You mentioned just one company ATT that is no longer the leader that it once was, but there are several former great companies whose stocks no longer perform as well as the market as a whole.