MUSA - 1 Unstoppable Multibagger Up 1000% Since 2013 That Can't Quit Repurchasing Its Shares. Should Investors Buy Too?
2024-04-06 04:50:00 ET
Convenience-store chain Murphy USA (NYSE: MUSA) has delivered a total return of 1,000% since its 2013 spinoff from Murphy Oil , more than tripling the returns provided by the S&P 500 index. Murphy USA's insatiable appetite for its shares has aided these staggering returns. Buying back more than 55% of its outstanding shares over this time has made the company an unlikely multibagger for buy-and-hold investors.
But it's much more than a share-repurchasing, one-trick pony. Here's what sets the company up for enduring success over the coming decades.
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1 Unstoppable Multibagger Up 1,000% Since 2013 That Can't Quit Repurchasing Its Shares. Should Investors Buy, Too?