Oldies but Goodies: How Old Companies Outperformed

Description:

Some investors consider old companies as stodgy and has-been's. However, if you look at the performance of five of the oldest publicly traded companies for last year, you would find otherwise. The average return for the 'old five' was 13%.

The oldest company on the list is Bowne & Co. (BNE), the financial printing company founded in 1775, which had a return of 9% for the year. The best of the oldies is Bank of New York Company, Inc. (BK) founded 1784, up 24%.

Most Viewed Portfolios

View All

Articles

5 Rocket Stocks for Gluttonous Turkey Day Gains

11.24.14 | 07:56 AM

BALTIMORE ( Stockpickr) -- This Thanksgiving, have your turkey and mashed potatoes with a side of stock gains. It may sound surprising, but statist...

Time to Sell These 5 'Toxic' Stocks

11.21.14 | 11:27 AM

BALTIMORE ( Stockpickr) -- Which stocks should I buy? It's the eternal question that most investors spend most of their time wondering. But is it t...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter