Stock gives you a share of current and future profits (via dividends) as well as a share of the liquidation value of the company. If a company continues to acquire assets, this increases its liquidation value; some companies do this rather than paying dividends because it's more tax-efficient for investors.
One of Warren Buffett's investment strategies is to look for companies that are stable but whose stock is trading at below liquidation value.
Stock gives you a share of current and future profits (via dividends) as well as a share of the liquidation value of the company. If a company continues to acquire assets, this increases its liquidation value; some companies do this rather than paying dividends because it's more tax-efficient for investors.
One of Warren Buffett's investment strategies is to look for companies that are stable but whose stock is trading at below liquidation value.