XERO LTD(XRO.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

XRO.AU XERO LTD

Market Closed 05-17 16:12:00 AEST

121.01

-6.53

-5.12%

High125.81	Low121.01	Vol456.54K
Open124.77	D1 Closing127.54	Amplitude3.76%
Mkt Cap18.43B	Tradable Cap16.76B	Total Shares152.30M
T/O56.31M	T/O Rate0.33%	Tradable Shares138.51M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"XRO.AU","market":"AU","secType":"STK","nameCN":"XERO LTD","latestPrice":121.01,"timestamp":1715926320000,"preClose":127.54,"halted":0,"volume":456544,"delay":0,"nameEN":"XERO LTD","floatShares":138506933,"shares":152295912,"eps":-0.288696,"marketStatus":"Market Closed","change":-6.53,"latestTime":"05-17 16:12:00 AEST","open":124.77,"high":125.81,"low":121.01,"amount":56309177,"amplitude":0.037635,"askPrice":122.96,"askSize":108,"bidPrice":121,"bidSize":1114,"shortable":3,"etf":0,"ttmEps":-0.288696,"tradingStatus":0,"nextMarketStatus":{"tag":"Open","tradingStatus":0,"beginTime":1716163200000},"marketStatusCode":7,"adr":0,"exchange":"ASX","adjPreClose":127.54,"openAndCloseTimeList":[[1715904000000,1715925600000]],"volumeRatio":1.0935536613630235,"lotSize":1,"tradeCurrency":"AUD"},"requestUrl":"/m/hq/s/XRO.AU/tweets","defaultTab":"tweets","newsList":[{"id":"2436923380","title":"5 stellar ASX growth shares to buy for strong returns","url":"https://stock-news.laohu8.com/highlight/detail?id=2436923380","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2436923380?lang=en_us&edition=fundamental","pubTime":"2024-05-18 04:30","pubTimestamp":1715977800,"startTime":"0","endTime":"0","summary":"If you're a fan of ASX growth shares, then you will be pleased to know that analysts are predicting strong returns from the five listed below.Here's what you need to know about these top shares:. The first ASX growth share to look at is Lovisa. It is a fashion jewellery retailer that is growing at a rapid rate thanks to its global expansion.Bell Potter is very positive on this expansion. In fact, it believes Lovisa can grow its network by 10% per annum between FY 2023 and FY 2034. This is expected to underpin strong earnings growth over the next decade.The broker has a buy rating and $36.00 price target on Lovisa's shares. This implies potential upside of 13% for investors.Another ASX growth share that has been given the thumbs up by analysts is NextDC.It is thanks partly to this huge market opportunity that Goldman Sachs is very bullish on Xero's outlook and is tipping it as a buy. The broker has a buy rating and $156.00 price target on its shares. This implies potential upside of 29%","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/18/5-stellar-asx-growth-shares-to-buy-for-strong-returns/","is_publish_highlight":false,"gpt_icon":0},{"id":"2436961373","title":"Market Close: ASX200 takes a slide into the weekend","url":"https://stock-news.laohu8.com/highlight/detail?id=2436961373","media":"The Market Herald","top":-1,"share":"https://ttm.financial/m/news/2436961373?lang=en_us&edition=fundamental","pubTime":"2024-05-17 15:07","pubTimestamp":1715929620,"startTime":"0","endTime":"0","summary":"The ASX200 shed 0.85 per cent today – with every sector – except materials, losing ground.IT stocks weighed on the market, down more than 3%, while the Health Care sector was also weak, falling 2%.Vulcan Energy Resources  jumped 13.8% today on news it had significant investor interest for the final financing stage of its Zero Carbon Lithium brine project in the Upper Rhine Valley region of Germany.Vulcan reports interest from investors, Tier 1 banks, the European Investment Bank and government-backed export credit agencies, and, is now entering formal discussions.Bendigo and Adelaide Bank  shot up more than 8.1%, despite its trading update for the 10 months to the end of April showing unaudited cash earnings of $464 million – down 2.3% on the same period last year.And Poseidon Nickel  was up 50% off a very low base, after resuming works on-site its Lake Johnston lithium & nickel project in Western Australia.And explorer Encounter Resources shed more than 3.8% despite intersecting coppe","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://themarketonline.com.au/market-close-asx200-takes-a-slide-into-the-weekend-2024-05-17/","is_publish_highlight":false,"gpt_icon":0},{"id":"2436563829","title":"BUZZ-Australian tech stocks track US peers lower, set for worst day in 2 weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=2436563829","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2436563829?lang=en_us&edition=fundamental","pubTime":"2024-05-17 10:43","pubTimestamp":1715913794,"startTime":"0","endTime":"0","summary":"** The Australian technology sub-index    drops as much as 1.4% to 2277.300 points, on track for its worst day since May 1, if losses hold   ** The sub-index tracks overnight losses in Wall Street, which fell after hitting record highs as traders assessed their rate-cut bets      ** Shares of software firm Xero    down as much as 2.4%, set for their worst day in more than two weeks, if current trend holds   ** Software developer Wisetech Global    also lost as much as 1.3%, losing its most since May 9   ** Sub-index has risen 26% this year, as of last close ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2435478216","title":"Here are the top 10 ASX 200 shares today","url":"https://stock-news.laohu8.com/highlight/detail?id=2435478216","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2435478216?lang=en_us&edition=fundamental","pubTime":"2024-05-16 14:53","pubTimestamp":1715842434,"startTime":"0","endTime":"0","summary":"It was another successful session for the S&P/ASX 200 Index (ASX: XJO) this Thursday, building on the momentum ASX shares saw yesterday. By the time trading wrapped up, the ASX 200 had enjoyed a 1.65%","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/16/here-are-the-top-10-asx-200-shares-today-412/","is_publish_highlight":false,"gpt_icon":0},{"id":"2435112536","title":"BUZZ-Aussie tech stocks see best day in 3 months on cooling US inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=2435112536","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2435112536?lang=en_us&edition=fundamental","pubTime":"2024-05-16 10:40","pubTimestamp":1715827237,"startTime":"0","endTime":"0","summary":"** Australian technology stocks    rise as much as 3.2%, hitting their highest level since March 26   ** Sub-index currently up 3.1%, on track for best day since Feb. 15   ** Rate-sensitive sub-index rises as U.S. inflation resumed downward trend, pricing in hopes of a rate cut from U.S. Federal Reserve in September   ** Sub-index majors Xero    and WiseTech Global  rose as much as 5.8% and 3.4% respectively   ** WTC hits record high level   ** Sub-index up 22% YTD, as of last close ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2435616320","title":"Xero Could Use Cash to Avoid Share Dilution -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2435616320","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2435616320?lang=en_us&edition=fundamental","pubTime":"2024-05-16 09:54","pubTimestamp":1715824440,"startTime":"0","endTime":"0","summary":"0154 GMT - Xero's improving free cashflow position means it should consider covering the cost of stock-based compensation to avoid diluting existing shareholders' holdings, Jarden analysts Tom Beadle and Liam Robertson say. The pair tell clients in a note that the cloud-accounting provider could easily buy the shares on-market in cash, avoiding the need to issue up to 1 million new shares every year. Xero has successfully transitioned from start-up to being self-funding, they add. They warn that the stock isn't cheap but that risk-reward looks good. Jarden lifts target price 28% to A$141.00 and raises its rating to overweight from neutral. Shares are up 5.7% at A$121.71. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2435269635","title":"ASX 200 to rise, US markets close at record highs, Warren Buffett discloses his latest purchase","url":"https://stock-news.laohu8.com/highlight/detail?id=2435269635","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2435269635?lang=en_us&edition=fundamental","pubTime":"2024-05-16 06:29","pubTimestamp":1715812163,"startTime":"0","endTime":"0","summary":"ASX 200 futures are up 50 points, or +0.64%, as of 8:25am AEST.The dream of a soft landing in the world's largest economy is still on course. US inflation numbers for April beat expectations on the headline and core measures. Combine this with flat retail sales and markets have interpreted it as a sign that the Fed's interest rate policy is working. All the major US indices closed at record highs and we're expecting to see that buoyant sentiment flow through to our markets today.On the stocks front, local earnings continue to trickle in. Among the names reporting are Aristocrat Leisure, GrainCorp and Incitec Pivot. And Warren Buffett has been buying again - this time, revealing a US$6.7 billion stake in home security provider Chubb.Major stock indexes all close at new record highs after April CPI reading sparks relief. U.S. consumer prices rose 0.3% in April, less than expectations. S&P 500 jumps 1% to post record close, ending the session above 5,300 for the first time. Argentina cent","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/asx-200-to-rise-us-markets-close-at-record-highs-warren-buffett-discloses-his-latest-purchase","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/asx-200-to-rise-us-markets-close-at-record-highs-warren-buffett-discloses-his-latest-purchase","is_publish_highlight":false,"gpt_icon":0},{"id":"2435965056","title":"Market Open: Tame US inflation revives bullish sentiment; ASX to jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2435965056","media":"The Market Herald","top":-1,"share":"https://ttm.financial/m/news/2435965056?lang=en_us&edition=fundamental","pubTime":"2024-05-16 06:20","pubTimestamp":1715811600,"startTime":"0","endTime":"0","summary":"ASX200 futures imply the local bourse is set to rise +0.63% today, on the back of not-surprising US inflation overnight.The USA’s core inflation rate has dipped to 3.6% while headline  sits at 3.4%.This was both in line with expectations, and, shows the world’s largest economy slowly trickling back towards the Fed’s ideal inflation target band of 2-3%.In turn, the VIX retreated well away from its recent highs in Week 16 and the S&P 500 hit record levels; with the NASDAQ and Dow also enjoying a rally.Meanwhile, Citigroup has watered down its price target for Xero  from $159.00 to $144.75, as the investment bank has its questions about Xero’s value. The stock most recently closed just over $121.00.Elsewhere, all eyes are on Jupiter Mines , perceived as the next company most likely to produce manganese after a storm took out the export facilities at South 32’s manganese play. JMS shares have nearly doubled since that time, and manganese prices continue to rise.That’s Market Open, we’ll br","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://themarketonline.com.au/market-open-tame-us-inflation-revives-bullish-sentiment-asx-to-jump-2024-05-16/","is_publish_highlight":false,"gpt_icon":0},{"id":"2435661231","title":"Own Xero shares? Here's what to expect from next week's results","url":"https://stock-news.laohu8.com/highlight/detail?id=2435661231","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2435661231?lang=en_us&edition=fundamental","pubTime":"2024-05-16 03:36","pubTimestamp":1715801760,"startTime":"0","endTime":"0","summary":"Goldman thinks that Xero shares would be a great option for investors right now. The broker has reiterated its conviction buy rating and $156.00 price target on them. This implies potential upside of 28% for investors over the next 12 months. Commenting on its buy recommendation, the broker said:  Xero is a Global Cloud Accounting SaaS player, with existing focuses in ANZ, UK, North American and SE Asian markets. We see Xero as very well-placed to take advantage of the digitisation of SMBs globally, driven by compelling efficiency benefits and regulatory tailwinds, with >100mn SMBs worldwide representing a >NZ$100bn TAM. Given the company's pivot to profitable growth and corresponding faster earnings ramp, we see an attractive entry point into a global growth story with Xero our preferred large-cap technology name in ANZ – the stock is Buy rated .","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/16/own-xero-shares-heres-what-to-expect-from-next-weeks-results/","is_publish_highlight":false,"gpt_icon":0},{"id":"2435665904","title":"BUZZ-Citi sees higher costs for New Zealand's Xero, cuts PT","url":"https://stock-news.laohu8.com/highlight/detail?id=2435665904","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2435665904?lang=en_us&edition=fundamental","pubTime":"2024-05-16 02:16","pubTimestamp":1715796970,"startTime":"0","endTime":"0","summary":"** Analysts at Citi see higher full-year cost growth for Xero    on potential increased marketing expenditure    ** Brokerage cuts its price target on software firm to A$144.75 from A$159   ** XRO is scheduled to report its full-year earnings on May 23   ** \"We see potential for XRO to step up sales & marketing spend given the packaging changes and the need to transition customers to new plans\" - Brokerage    ** However, Citi sees stronger average revenue per user growth for XRO in FY25, citing price increases and favourable foreign exchange   ** 11 of 17 analysts rate the stock \"buy\" or higher, five \"hold\" and one \"sell\"; their median PT is A$132.62 – LSEG data   ** XRI Stock up 8.4% YTD, based on last close ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2435720576","title":"Xero Likely to Guide for Lower FY25 Opex Ratio -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2435720576","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2435720576?lang=en_us&edition=fundamental","pubTime":"2024-05-15 09:16","pubTimestamp":1715735760,"startTime":"0","endTime":"0","summary":"0116 GMT - Xero is likely to target a fiscal 2025 operating-expense ratio in the low-70s, Goldman Sachs analyst Kane Hannan tells clients in a note. He expects the cloud-accounting provider, which is scheduled to report its fiscal 2024 results next week, to post operating expenses for the 12 months through March equivalent to 75.3% of sales. This is slightly above its 75% target, he notes. He sees this ratio dropping to 72.6% in fiscal 2025, although any miss would imply revenue growth ahead of market expectations. GS has a buy rating and A$156.00 target price on the stock, which is up 0.1% at A$120.38. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2435586787","title":"Brokers name 2 rapidly growing ASX 200 tech stocks to buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2435586787","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2435586787?lang=en_us&edition=fundamental","pubTime":"2024-05-14 06:26","pubTimestamp":1715639160,"startTime":"0","endTime":"0","summary":"Looking for some exposure to the tech sector?","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/14/brokers-name-2-rapidly-growing-asx-200-tech-stocks-to-buy/","is_publish_highlight":false,"gpt_icon":0},{"id":"2435804304","title":"What are 3 of the safest ASX 200 tech shares in Australia right now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2435804304","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2435804304?lang=en_us&edition=fundamental","pubTime":"2024-05-14 03:30","pubTimestamp":1715628600,"startTime":"0","endTime":"0","summary":"The global population's hunger for software and data shows no signs of abating, and the question on many an investor's mind is, what does this mean for ASX 200 tech shares?As recently penned by my colleague Mitch Lawler, the ASX tech sector traded at nosebleed valuations throughout April. In fact, many investors believe tech shares are not a safe place to park their money right now, given such high valuations.Let's also paint the current economic scene for a moment.The Reserve Bank of Australia  expects economic growth to \"remain low over the next year\", only picking back up well into 2025. It also predicts inflation won't return to target levels until the second half of next year, potentially ruling out the chance of a rate cut in 2024.However, returning to the subject of ASX tech shares, I'm of the opinion that tech companies with outstanding projected revenue growth in the face of economic uncertainty have a competitive advantage. That is why, when looking at ASX tech shares, it's i","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/14/what-are-3-of-the-safest-asx-200-tech-shares-in-australia-right-now/","is_publish_highlight":false,"gpt_icon":0},{"id":"2435369921","title":"Australian Insolvencies Unlikely to Hit Xero Too Hard -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2435369921","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2435369921?lang=en_us&edition=fundamental","pubTime":"2024-05-13 07:18","pubTimestamp":1715555880,"startTime":"0","endTime":"0","summary":"2318 GMT - The nature of Xero's customer base means the Australia-listed cloud-accounting provider is unlikely to experience much of an impact from rising numbers of local insolvencies, Jefferies analyst Roger Samuel says. He tells clients that subscriber growth in Australia should remain strong even with insolvencies rising by 41% over the 12 months through March. He points out that a significant number of these companies operated in construction, which isn't a target market for Xero. He also thinks a proportion of insolvent companies had been previously propped up by Covid-era government stimulus. Jefferies raises its target price by 2.4% to A$150.95 and keeps a buy rating on the stock, which is at A$125.36 ahead of the open. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2434344710","title":"5 ASX shares to buy following the market selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=2434344710","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2434344710?lang=en_us&edition=fundamental","pubTime":"2024-05-09 12:00","pubTimestamp":1715227200,"startTime":"0","endTime":"0","summary":"Are you on the lookout for some ASX shares to buy this month?Well, with the market down in the dumps today, now could be a good time to pounce. But which ASX shares would be good options?","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/09/5-asx-shares-to-buy-following-the-market-weakness/","is_publish_highlight":false,"gpt_icon":0},{"id":"2433645757","title":"Xero (ASX:XRO) Is Experiencing Growth In Returns On Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2433645757","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2433645757?lang=en_us&edition=fundamental","pubTime":"2024-05-08 09:20","pubTimestamp":1715131207,"startTime":"0","endTime":"0","summary":"To find a multi-bagger stock, what are the underlying trends we should look for in a business?Typically, we'll want to notice a trend of growing return on capital employed  and alongside that, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in Xero's  returns on capital, so let's have a look.Return On Capital Employed : What Is It?Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income  a company earns on the capital invested in its business. The formula for this calculation on Xero is:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . So, Xero has an ROCE of 5.8%.  Ultimately, that's a low return and it under-performs the Software industry average of 13%.Above you can see how the current ROCE for Xero compares to its prior returns on capital, but there's only so mu","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/gnGTQ_q9KCdl7Xvx_ppB0g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/0fe4d5d105492213ce106a92b49639d4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gnGTQ_q9KCdl7Xvx_ppB0g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/0fe4d5d105492213ce106a92b49639d4"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/xero-asx-xro-experiencing-growth-012007455.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2433571544","title":"These are my top ASX 200 share picks for growth right now","url":"https://stock-news.laohu8.com/highlight/detail?id=2433571544","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2433571544?lang=en_us&edition=fundamental","pubTime":"2024-05-06 07:34","pubTimestamp":1714952094,"startTime":"0","endTime":"0","summary":"I believe investing in S&P/ASX 200 Index  shares with strong growth potential can deliver excellent returns, but only if we invest at the right price. In this article, I'll discuss two possibilities I'm excited about today.Both companies are trading significantly below their recent all-time highs, so I think they're looking good value, considering they continue to grow their underlying operations and increase their underlying profitability.I think both of these stocks can become significantly larger in the years ahead. Here's why.Corporate Travel Management is one of the largest operators in the world. It has a commendable market share in the United States and Australia. The company also has operations in other key regions including Asia and Europe.Corporate Travel aims to double its FY24 profit organically by FY29 at a compound annual growth rate  of 15%, with acquisitions on top of that.In time, I think Xero could become one of the most profitable companies outside of banking and min","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/06/these-are-my-top-asx-200-share-picks-for-growth-right-now/","is_publish_highlight":false,"gpt_icon":0},{"id":"2432651130","title":"3 ASX shares to buy now that could help you retire a millionaire","url":"https://stock-news.laohu8.com/highlight/detail?id=2432651130","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2432651130?lang=en_us&edition=fundamental","pubTime":"2024-05-04 05:28","pubTimestamp":1714771680,"startTime":"0","endTime":"0","summary":"I'm sure that most readers will agree that retiring as a millionaire would be very welcome. Well, the good news is that investing in ASX shares could be one way to achieve this goal. How can you become a millionaire with ASX shares?The key to growing your wealth with ASX shares is to invest in quality companies with a long term view. By doing this, you have the power of compounding on your side, supercharging your returns every year. The share market has generated an average return of 10% per annum. And while there is no guarantee that the market will deliver similar returns in the future, I believe it is fair to plan for such a return. But what impact could a return like that have on your portfolio?If you invest $10,000 into ASX shares each year and generated this level of return you would have grown your wealth to approximately the following:  5 years: $83,000 10 years: $200,000 15 years: $390,000 20 years: $700,000 25 years: $1.2 million  You can also look to accelerate your wealth ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/04/3-asx-shares-to-buy-now-that-could-help-you-retire-a-millionaire/","is_publish_highlight":false,"gpt_icon":1},{"id":"2432911667","title":"BUZZ-Australia's Xero extends rally to 6th day on plan price changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2432911667","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2432911667?lang=en_us&edition=fundamental","pubTime":"2024-05-03 12:57","pubTimestamp":1714712266,"startTime":"0","endTime":"0","summary":"** Shares of Australia's Xero Ltd    rise as much as 2% to A$126.14, on track for sixth straight day of gains   ** Software service company is rationalising and simplifying its pricing model    ** Macquarie estimates high-single-digit pct price hikes in most common plans; lifts FY24 EPS est by 3%   ** Also hikes PT to A$154.6 from A$152.6; keeps \"outperform\" rating   ** Avg rating of 17 analysts is equivalent of \"buy\"; median PT is A$135.93 –LSEG data   ** Stock has risen ~5% in past six days, taking YTD gains to 12.2% ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2432916042","title":"Brokers name 3 ASX shares to buy now","url":"https://stock-news.laohu8.com/highlight/detail?id=2432916042","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2432916042?lang=en_us&edition=fundamental","pubTime":"2024-05-03 12:27","pubTimestamp":1714710438,"startTime":"0","endTime":"0","summary":"It has been another busy week for Australia's top brokers. This has led to the release of a number of broker notes.Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone:. Analysts at Goldman Sachs have also retained their conviction buy rating on this cloud accounting platform provider's shares with an improved price target of $156.00. This follows news that Xero is making changes to its Australian plans. Goldman notes that this includes price increases and streamlining the product ladder with less plans and greater segmentation between plans. The broker believes this is a clear positive for Xero and consistent with the strategy outlined at the 3×3 Investor Day. And while Goldman suspects that there could be some customer churn from the price increases, it has still lifted its revenue and earnings estimates for FY 2025 and FY 2026. The Xero share price is trading at $125.96 on Friday.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/03/brokers-name-3-asx-shares-to-buy-now-68/","is_publish_highlight":false,"gpt_icon":0}],"profile":{"websiteUrl":"http://www.xero.com","stockEarnings":[{"period":"1week","weight":-0.0347},{"period":"1month","weight":0.0194},{"period":"3month","weight":0.0299},{"period":"6month","weight":0.1953},{"period":"1year","weight":0.1807},{"period":"ytd","weight":0.0776}],"compareEarnings":[{"period":"1week","weight":0.0049},{"period":"1month","weight":0.0587},{"period":"3month","weight":0.0966},{"period":"6month","weight":0.1366},{"period":"1year","weight":0.1436},{"period":"ytd","weight":0.1212}],"compareStock":{"symbol":"F100.AU","name":"BETASHARES FTSE 100 ETF"},"description":"Xero Limited, together with its subsidiaries, operates as a software as a service company worldwide. The company offers Xero, a cloud-based accounting software that connects small businesses to their advisors. It also provides Xero mobile app; and accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, Xero tax tools, and Xero Cashbook/Ledger. The company serves various businesses, such as retail, high tech, non-profit, legal, Amazon sellers, hospitality, cafés, startups, construction, creatives, e-commerce, small business, healthcare, farming, manufacturing, tourism, real estate, and franchises. Xero Limited was founded in 2006 and is headquartered in Wellington, New Zealand.","yearOnYearQuotes":[{"month":1,"riseRate":0.5,"avgChangeRate":0.033761},{"month":2,"riseRate":0.75,"avgChangeRate":0.065507},{"month":3,"riseRate":0.666667,"avgChangeRate":0.049542},{"month":4,"riseRate":0.666667,"avgChangeRate":0.046848},{"month":5,"riseRate":0.727273,"avgChangeRate":0.001433},{"month":6,"riseRate":0.636364,"avgChangeRate":0.043682},{"month":7,"riseRate":0.454545,"avgChangeRate":0.00325},{"month":8,"riseRate":0.272727,"avgChangeRate":-0.015019},{"month":9,"riseRate":0.636364,"avgChangeRate":0.032485},{"month":10,"riseRate":0.636364,"avgChangeRate":0.062482},{"month":11,"riseRate":0.666667,"avgChangeRate":0.033576},{"month":12,"riseRate":0.5,"avgChangeRate":0.000898}],"exchange":"ASX","name":"XERO LTD","nameEN":"XERO LTD"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"XERO LTD(XRO.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest XERO LTD(XRO.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"XERO LTD,XRO.AU,XERO LTD股票,XERO LTD股票老虎,XERO LTD股票老虎国际,XERO LTD行情,XERO LTD股票行情,XERO LTD股价,XERO LTD股市,XERO LTD股票价格,XERO LTD股票交易,XERO LTD股票购买,XERO LTD股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"XERO LTD(XRO.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest XERO LTD(XRO.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction