Why Peter Lynch Might Love Albertsons
Peter Lynch was one of the greatest money managers of all time, taking Fidelity Magellan from $20 million to $13 billion in 13 years and averaging 29% annual returns over that period. An investor could do worse than picking stocks Peter Lynch would love.
The investing legend laid out what he looked for in a stock in two of the best investing books ever published, One Up on Wall Street and Beating the Street, and there's good reason to think Albertsons (NYSE: ACI) might be a company Lynch would appreciate. Let's see why.
Image source: Albertsons.
Source Fool.com