RELX [LON:REL] has been showing investors a very solid return recently, with shares up over 66% in two years and 38% in the 12 month picture. We’ve seen a very steady appreciation from this UK large cap stock, with little in the way of volatility and steady revenue growth.
RELX shares have outperformed the FTSE 100 index for 12 out of the last 13 years. Much of the company’s success is attributable to its conservative – but well remunerated – CEO Erik Engstrom. RELX, once known as Reed Elsevier until a re-brand in 2015 – is still regarded as one of the top performing stocks in the history of the FTSE 100. Under the leadership of Engstrom, the share price has risen 650% approximately.
RELX is also a darling of fund manager Nick Train, who looks after the Finsbury Growth & Income Trust: “A smart shareholder asked me recently – which of your holdings really has the potential to double or treble profits over the next…
