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Yandex’s (NASDAQ:YNDX) Wonderful 315% Share Price Increase Shows How Capitalism Can Build Wealth – Simply Wall St News

Yandex’s (NASDAQ:YNDX) Wonderful 315% Share Price Increase Shows How Capitalism Can Build Wealth – Simply Wall St News

Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Yandex N.V. (NASDAQ:YNDX) shares for the last five years, while they gained 315%. And this is just one example of the epic gains achieved by some long term investors. Also pleasing for shareholders was the 51% gain in the last three months. The company reported its financial… Source link

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