Aristocrat Leisure and RedHill Education can add profound upside to your portfolio. This is because the optimistic growth outlook for their profitability and returns make their high-growth potential appealing relative to their peers. Below I’ve put together a list of great potential investments for you to consider adding to your portfolio if growth is a dimension you would like to firm up.
Aristocrat Leisure Limited (ASX:ALL)
Aristocrat Leisure Limited, together with its subsidiaries, engages in the development, assembly, sale, distribution, and servicing of gaming machines and systems in the Americas, Australia, New Zealand, and internationally. Founded in 1984, and now run by Trevor Croker, the company now has 3,640 employees and with the stock’s market cap sitting at AUD A$14.76B, it comes under the large-cap stocks category.
ALL is expected to deliver a buoyant earnings growth over the next couple of years of 42.85%, bolstered by an equally impressive revenue growth of 54.01%. It appears that ALL’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 46.01%. ALL’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Could this stock be your next pick? Check out its fundamental factors here.
RedHill Education Limited (ASX:RDH)
RedHill Education Limited engages in the various education businesses in Australia. Established in 2006, and run by CEO Glenn Elith, the company now has 144 employees and with the market cap of AUD A$60.78M, it falls under the small-cap group.
RDH’s projected future profit growth is an exceptional triple-digit, with an underlying 50.96% growth from its revenues expected over the upcoming years. It appears that RDH’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 27.70%. RDH ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add RDH to your portfolio? Check out its fundamental factors here.
Millennium Minerals Limited (ASX:MOY)
Millennium Minerals Limited explores for, develops, mines, and processes gold properties in Australia. Millennium Minerals is currently led by CEO Peter Cash. With the stock’s market cap sitting at AUD A$133.30M, it comes under the small-cap category