5 Dividend Stocks That Haven't Moved in a Decade

There seems to be a general misconception, especially among non-investors but even among some supposed investors, that stock performance is directly related to company performance. In a rational world, stock prices would reflect company performance and future expectations, adjusted for risk. In this world, stock prices reflect human psychology, and are only indirectly related to actual company performance. Some people who are inexperienced with investing may view a rising stock price as direct evidence that the company is performing well. Similarly, they may conclude that if a stock price is falling, the company has performed poorly. In reality, a company can perform quite well while its stock does not. Consider the following five examples:... Read more