It’s been a cracking start to the year for stock markets, and an even stronger start to the year for high StockRank shares. While the benchmark FTSE All Share Index is now up 4.2% since the end of 2016, the top 10% of UK stocks as ranked by the Stockopedia StockRanks has more than doubled this performance, generating a 10.0% return.
The participation in this rally has been broad. In our performance tracking we focus on investable shares above a £10m market cap. Excluding the microcaps, there were 120 UK stocks ranked 90 or above on the end of 2016. Of these, 91 have been winners (with higher share prices today), while 28 have been losers (with lower share prices today).
While these headline figures make great reading, it’s no comfort for those who have bought the losers, and as ever, among the losers are some popular shares.
Picking losers is inevitable in the stock market. Not even Warren Buffett is immune (he bought Tesco at the top after all). So the key to enduring profits is twofold. Minimising the number of losers bought, and…
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