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Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. Buying under-rated businesses is one path to excess returns. To wit, the Aristocrat Leisure share price has climbed 71% in five years, easily topping the market return of 23% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 27% in the last year , including dividends .
With that in mind, it's wort...
>>> Read more: Investing in Aristocrat Leisure (ASX:ALL) five years ago would have delivered you a 82% gain
With that in mind, it's wort...
>>> Read more: Investing in Aristocrat Leisure (ASX:ALL) five years ago would have delivered you a 82% gain
