Michael Murray: Granny stocks
When looking for stock market pointers, it does no harm to run the rule over granny’s intentions
I call them “granny stocks”. They are shares that have stood up and prospered for a half a century and look set to do so for another half a century, despite major economic and political change and technological transformation. There are plenty of them.
But since the 1980s, advances in technology, weak corporate governance and financial engineering have undermined the longevity of many companies.
I became familiar, years ago, with what those with “old money”...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply