2023-04-13 09:53:00 ET
McKesson (NYSE: MCK) is a great stock for long-term holders, but many investors are not familiar with it. This medical distribution giant is anything but flashy, and you're unlikely to see its shares skyrocketing in any given period.
But the truth is that the company has been a strong performer for its shareholders over the last 10 years -- and here's how much money it would have made had you invested in it back then.
If you had bought $5,000 worth of McKesson stock at the start of April 2013 and reinvested all of your dividends, your investment would now be worth around $18,700 after growing by 274%. On the other hand, if you'd bought shares of a market-tracking index fund like the SPDR S&P 500 ETF Trust , you'd only have $15,540 with reinvestment. Obviously, that means McKesson investors beat the market handily -- but the less obvious observation is that they beat the market without taking on a lot of additional exposure to risk.
For further details see:
If You Invested $5,000 in McKesson in 2013, This Is How Much You Would Have Today