Plant-hire company Ashtead has been one of the world's best-performing FSE 100 stocks for the past 20 years. Each dip in the share price has been proved to be a deft buying opportunity. The recent declines should be no different.
With returns of 145% over the past five years alone, the company's share price reflects strong underlying revenue and earnings growth.
Ashtead provides plant rental services across the US, UK and Canada trading under their brand name Sunbelt.
In 2018, Ashtead generated £3.7bn ($4.54bn) in revenue. This has grown to $9.6bn in 2023. We note company has changed from re...
