Business
Could the Aristocrat (ASX:ALL) share price be a leading ASX 200 growth share?
Aristocrat Leisure Limited (ASX: ALL) shares demonstrated significant strength after the company announced its full year results on Wednesday this week. The Aristocrat share price slumped 6% on open before making a sharp recovery to close 4% higher. From trough to peak, this represents a 10% move in share price in just one day.
At face value, the company’s results appeared to be weak given the slump in earnings. However, big brokers reacted positively to the results, especially with the growth in Aristocrat’s digital business. All things considered, could the Aristocrat share price be a leading ASX 200 growth share to buy?
Full year results recap
Aristocrat’s group revenue decreased 5.9% to $4.1 billion, reflecting a…
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