ASX Top 200 Stocks Down Under 26 April 2021: Macquarie Group, Telstra Corporation, Aristocrat Leisure

Sovereign Metals: Implanted titanium

In today’s edition of ASX Top 200 Stocks Down Under, last time we wrote about Sydney-based Macquarie Group (2 July 2020), it was in the thick of the pandemic. Ten months later, the share has more than doubled off its March 2020 low and is trading near an alltime high. We think the rally can go on as the group asserts its financial strength in an improving global banking environment. This is a company that has delivered profits for 51 consecutive years. Not even the unprecedented challenges of COVID-19 could bring this streak to an end—and it wouldn’t be surprising to see it continue for another 50 years.

 

Also in today’s edition, a look at telecommunications infrastructure company Telstra (ASX: TLS) and casino gaming machine manufacturer Aristocrat Leisure (ASX: ALL).

Click here to read the previous edition of ASX Top 200 Stocks Down Under published 19 April 2021

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