Capital gains from FTSE 100 shares are looking good right now. Because of last year’s slump, there is a strong base effect at work when share price increases are calculated. This can make it harder to figure out the real performers. So I am now considering longer-term returns to get a better sense of promising stocks.
Based on this calculation, FTSE 100 investment company 3i (LSE: III) is one stock that I think could grow my investment significantly over the next five years. Over the past year alone, its share price is up 40%. It is a strong number in itself, but may look smaller than gains for many other stocks. However, that is only because it bounced back faster after last year’s crash. It was back to pre-pandemic levels, even before the stock market rally started last November.
3i posts good results
This is for good reason. Its investment … Read more