ALL News: Investing in Aristocrat Leisure (ASX:ALL) five years ago would have delivered you a 61% gain - 3rd Mar 2023, 3:54pm

[annb0t]

When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. For example, the Aristocrat Leisure Limited (ASX:ALL) share price is up 50% in the last 5 years, clearly besting the market return of around 17% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 2.6% , including dividends .

So let's assess the underlying fundamentals over the la...

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