Good last 4/5 years, could be worse22 Jul 2021 19:30
I 've heard many times the opinion that this is not a good share because the SP has not gone anywhere since 2017. Well, for me that is a good thing!
Look at a 5 year graph of: GSK, VOD, BT, BATS, IMB, RDSB, BP, LLOY, CNA, ABF
... and those were/ are good reputable shares and recommended buys. I am not mentioning total wipeouts such as PFG, CPI neither leisure-related and covid-hit ones such as IAG, RR, CCL - many of those are still at -80% and -90%
I want to say that in the last 5 years most of the FTSE shares have performed poorly and the only reasons the FTSE 100 is in the high 6000s and not 4000s are reshuffles, commodity price inflation that drove miners' SPs up and AZN holding up.