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When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Aristocrat Leisure Limited (ASX:ALL) share price is up 94% in the last 5 years, clearly besting the market return of around 20% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 62% in the last year, including divide...
>>> Read more: Investors in Aristocrat Leisure (ASX:ALL) have seen splendid returns of 107% over the past five years
>>> Read more: Investors in Aristocrat Leisure (ASX:ALL) have seen splendid returns of 107% over the past five years