What are a few stocks that are old and have beaten the stock market?
July 24th, 2010 | by admin |
Robert B asked:
AT&T is decades old but it’s history seems to be to do worse than the stock market.
AT&T is decades old but it’s history seems to be to do worse than the stock market.
I am interested in knowing one or more stocks that have traditionally beaten the market, especially if they are dividend stocks.
Mitchell
No Responses to “What are a few stocks that are old and have beaten the stock market?”
By Mark L on Jul 25, 2010 | Reply
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.