ASX Growth Shares
Aristocrat Leisure (ASX:ALL) share price in focus on FY23 result
The Aristocrat Leisure Limited (ASX:ALL) share price is under the spotlight after announcing its FY23 report.
November 15, 2023
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Aristocrat Leisure Limited (ASX:ALL) share price is under the spotlight after announcing its FY23 report.
The Telstra Group Ltd (ASX:TLS) share price is under the spotlight after revealing a major plan to invest in intercity fibre routes.
The Commonwealth Bank of Australia (ASX:CBA) share price is under the spotlight after it reported its FY24 first quarter update.
The Boral Limited (ASX:BLD) share price is up around 5% after the business updated its guidance for FY24.
The TPG Telecom Ltd (ASX:TPG) share price is down 11% after the telco gave an update about its asset sale.
The ANZ Group Holdings Ltd (ASX:ANZ) share price is in focus as investors scrutinise the FY23 result. There was a huge dividend declared.
ASX shares that have dropped a lot because of short-term volatility look like good buys to me in November 2023.
The REA Group Limited (ASX:REA) share price is under the spotlight today after providing its FY23 first quarter update.
The Xero Limited (ASX:XRO) share price has fallen 7% in reaction to the FY24 report, which showed an increase in profit.
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