$ARISTOCRAT LEISURE LTD(ALL.AU)$
G'day Tiger traders!
Let's crank up the excitement with the latest chatter on the ASX. This stock isn’t just heating up the market, it’s creating a bonza buzz across the web and social media. Check out this mover and shaker that’ll get your trading juices flowing:
Aristocrat Leisure (ASX: ALL)
Sector: Gaming Technology
What's Happening? Aristocrat Leisure is on fire with their latest half-year results. The gaming tech giant reported a 6% year-over-year revenue growth and a 16% increase in normalised NPATA to $764 million. Their strong performance in North America and their mobile gaming segment, with millions of daily active users, is driving this growth. CEO Trevor Croker highlighted the company's resilience and profitability across different operating environments.
Analyst Insights:
- Morgans analysts are stoked with Aristocrat's resilience and growth, noting its diversified portfolio and strong market presence.
- Trevor Croker, CEO of Aristocrat, stated, "This was once again an outstanding result, reflecting Aristocrat’s resilience and ability to grow share and drive profitability through different operating environments."
Fun Fact: Aristocrat's mobile games like Gummy Drop and Cashman Casino are not just popular—they’re raking in millions of daily active users, boosting their revenue through the roof!
Market Cap: $29.4 billion
Closing Price $53.11 AUD (up 1.03%)
S&P/ASX 200 (XJO.AU):
- As of the close on Friday, the S&P/ASX 200 closed at 7,643.60 points, down 0.19% in the past 5 days.
This stock is creating a buzz and offer ripper opportunities for investors. By staying informed and engaged with these top performers, you can boost your engagement and stay ahead in the trading game.
Happy trading ahead! Cheers, BC 🍀
For more deets, check out the latest from [Morningstar](https://www.morningstar.com.au) and [IG Australia](https://www.ig.com).
@ASX_Stars @TigerStars @Tiger_comments @Tiger_AU @MillionaireTiger @CaptainTiger @Daily_Discussion
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