Quote:
Originally Posted by Slava
I'd love to see this journalism as well. The reality is that for Loblaws the long-term growth rate of the stock is 1.7%. I can already hear you saying that the share price is not indicative (I disagree, but we can dig a little deeper!)
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What's your baseline for that figure? Over the last 30 or so years, Loblaws' stock has had total return (including dividends) of 11.14% per year. Over the last 10 years it has returned 16.14% per year. It has significantly outperformed the S&P 500 over both those stretches.