Evergreen stocks: Scrips that delivered superlative returns for five consecutive years!

Survival of the fittest stocks: These stocks are delivering positive returns for the past five years

The selling pressure, which started off on Thursday, only got exaggerated on Friday as Nifty plummeted 1.72 per cent. Meanwhile, bulls took a risk-off approach to markets, following Federal Reserve’s latest policy announcement.   

Going ahead, volatility is what the market participants would continue to hear every now and then as quelling the market expectations of a cut next year, the officials hinted that no cut would be seen in 2023. And, moreover, the central banks around the world are anteing up the pace of rate hikes.   

So considering this, stock selection has to be of utmost importance but it’s going to be like finding a needle in a haystack. Having said that, volatility always provides an opportunity for investors to stack up quality stocks at an attractive price; hence, the process of making money from stocks is going to be a bit difficult but still, quite possible!

Taking this into consideration, we have come out with a list of stocks that have delivered positive returns for five consecutive years on a YoY basis. This gives us an idea that these stocks are to be termed as the survival of the fittest shares as they have weathered the storm like Coronavirus, etc. 

Here is the list of stocks that have delivered handsome returns for the last five years (including 2022 wherein, we have considered to-date performance). 

Do you hold any of these stocks? Let us know in the comments section!