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The All Ords stock that's 'shaping up to become a truly global ASX success story'


Published on 2024-12-15 23:01:08 - MSN
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  • Up 160% in a year, a leading fund manager expects this ASX All Ords stock has much more to give. The post The All Ords stock that's 'shaping up to become a truly global ASX success story' appeared first on The Motley Fool Australia.

The article from MSN Money discusses the remarkable growth and potential of an ASX-listed company, Aristocrat Leisure (ASX: ALL), which is on its way to becoming a global success story. Aristocrat, traditionally known for its poker machines, has expanded significantly into the digital gaming sector, particularly through its Pixel United division, which includes popular mobile games like Big Fish and Plarium. The company's revenue has seen a substantial increase, with a 13% rise in the first half of the fiscal year, driven by strong performances in both its land-based and digital gaming segments. Despite a slight dip in its share price, Aristocrat's strategic acquisitions and focus on digital transformation are positioning it well for future growth, especially in the rapidly expanding online gaming market. The article highlights the company's ability to adapt and innovate, suggesting that Aristocrat could be a compelling investment for those looking at long-term growth in the gaming industry.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/the-all-ords-stock-that-s-shaping-up-to-become-a-truly-global-asx-success-story/ar-AA1vV3KR ]