June 20, 2024
Snapshot Top 10: Australian Securities Exchange Index ASX 50



The Top 10 performing stocks in the Australian Securities Exchange Index ASX 50 are shown for seven different investment strategies. Whether you are looking for value, growth or dividend stocks, or you want stocks that rank well overall, you can see the top 10 stock picks, together with how they rank on a scale of 1 to 100 from the perspective of different investment strategies. We have also added our newest Sentiment and 360° View ranks, which encapsulate the market voices of analysts and professional investors into a simple ranking for easily evaluating stocks. As an objective research provider, Obermatt has been refining its stock analysis algorithms for more than 10 years (no AI used here!)

Select any stock for the detailed analysis of that stock's performance across the different investment analyses. Please note that the Top 10 stocks focus only on Large to XX-Large companies.


What the six ranks mean

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Special Analysis: TOP 10 Dividend Investment Strategy

Many people ask for tips about dividend stocks. These are the Top 10 dividend stocks in the Australian Securities Exchange Index ASX 50 as of June 20, 2024.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Ampol (XXL, AU)  Oil & Gas Refining
1. Ampol (XXL, AU)   Oil & Gas Refining 96 80 16 12
2. Aurizon (L, AU)  Railroads
2. Aurizon (L, AU)   Railroads 96 39 37 43
3. Rio Tinto (XXL, GB) ☀  Diversified Metals & Mining
3. Rio Tinto (XXL, GB) ☀   Diversified Metals & Mining 94 21 38 59
4. APA (L, AU)  Gas Utilities
4. APA (L, AU)   Gas Utilities 94 11 3 8
5. Fortescue (XXL, AU)  Steel
5. Fortescue (XXL, AU)   Steel 93 42 24 23
6. BHP (XXL, AU)  Diversified Metals & Mining
6. BHP (XXL, AU)   Diversified Metals & Mining 89 37 15 26
7. Amcor (XXL, AU)  Paper Packaging
7. Amcor (XXL, AU)   Paper Packaging 89 53 26 25
8. Coles Group (XXL, AU)  Food Retail
8. Coles Group (XXL, AU)   Food Retail 88 45 4 8
9. Brambles (XL, AU)  Diversified Support Services
9. Brambles (XL, AU)   Diversified Support Services 88 72 16 35
10. Woodside Petroleum (XL, AU)  Oil & Gas Production
10. Woodside Petroleum (XL, AU)   Oil & Gas Production 88 46 29 28

☀ This company has a special achievement which is documented on its stock research page.

June 20, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 50 Top 10: Obermatt 360° Investment Strategy

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT
1. QBE (XXL, AU)   Property & Casualty Insurance
1. QBE (XXL, AU)   Property & Casualty Insurance 100 81 60 89
2. Goodman (L, AU)   REITs: Industrials
2. Goodman (L, AU)   REITs: Industrials 98 5 86 89
3. Suncorp (XL, AU)   Property & Casualty Insurance
3. Suncorp (XL, AU)   Property & Casualty Insurance 92 39 82 42
4. Medibank Private (XL, AU)   Life & Health Insurance
4. Medibank Private (XL, AU)   Life & Health Insurance 87 58 66 100
5. IAG (XL, AU)   Property & Casualty Insurance
5. IAG (XL, AU)   Property & Casualty Insurance 85 41 76 37
6. Origin Energy (XL, AU)   Electric Utilities
6. Origin Energy (XL, AU)   Electric Utilities 80 57 56 84
7. Treasury Wine Estates (L, AU)   Distillers & Vintners
7. Treasury Wine Estates (L, AU)   Distillers & Vintners 75 26 57 78
8. AGL (XL, AU)   Multi-Utilities
8. AGL (XL, AU)   Multi-Utilities 72 77 70 58
9. Rio Tinto (XXL, GB) ☀   Diversified Metals & Mining
9. Rio Tinto (XXL, GB) ☀   Diversified Metals & Mining 59 21 38 86
10. South32 (XL, AU)   Diversified Metals & Mining
10. South32 (XL, AU)   Diversified Metals & Mining 58 53 28 96

June 20, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 50 Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Medibank Private (XL, AU)   Life & Health Insurance
1. Medibank Private (XL, AU)   Life & Health Insurance 100 58 66 87
2. South32 (XL, AU)   Diversified Metals & Mining
2. South32 (XL, AU)   Diversified Metals & Mining 96 53 28 58
3. Computershare (L, AU)   Data Processing & Outsourcing
3. Computershare (L, AU)   Data Processing & Outsourcing 92 56 15 47
4. Santos (XL, AU)   Oil & Gas Production
4. Santos (XL, AU)   Oil & Gas Production 89 28 14 49
5. Goodman (L, AU)   REITs: Industrials
5. Goodman (L, AU)   REITs: Industrials 89 5 86 98
6. QBE (XXL, AU)   Property & Casualty Insurance
6. QBE (XXL, AU)   Property & Casualty Insurance 89 81 60 100
7. Rio Tinto (XXL, GB) ☀   Diversified Metals & Mining
7. Rio Tinto (XXL, GB) ☀   Diversified Metals & Mining 86 21 38 59
8. Origin Energy (XL, AU)   Electric Utilities
8. Origin Energy (XL, AU)   Electric Utilities 84 57 56 80
9. Orica (XL, AU)   Commodity Chemicals
9. Orica (XL, AU)   Commodity Chemicals 80 31 20 38
10. Treasury Wine Estates (L, AU)   Distillers & Vintners
10. Treasury Wine Estates (L, AU)   Distillers & Vintners 78 26 57 75

June 20, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 50 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. LendLease (XL, AU)   Real Estate: Diversified Operations
1. LendLease (XL, AU)   Real Estate: Diversified Operations 94 7 19 4
2. QBE (XXL, AU)   Property & Casualty Insurance
2. QBE (XXL, AU)   Property & Casualty Insurance 81 89 60 100
3. Ampol (XXL, AU)   Oil & Gas Refining
3. Ampol (XXL, AU)   Oil & Gas Refining 80 7 16 12
4. AGL (XL, AU)   Multi-Utilities
4. AGL (XL, AU)   Multi-Utilities 77 21 70 72
5. Brambles (XL, AU)   Diversified Support Services
5. Brambles (XL, AU)   Diversified Support Services 72 36 16 35
6. Qantas Airways (XL, AU)   Airlines
6. Qantas Airways (XL, AU)   Airlines 70 35 22 20
7. Sonic (XL, AU)   Health Care Services
7. Sonic (XL, AU)   Health Care Services 63 29 14 7
8. Medibank Private (XL, AU)   Life & Health Insurance
8. Medibank Private (XL, AU)   Life & Health Insurance 58 39 66 87
9. Origin Energy (XL, AU)   Electric Utilities
9. Origin Energy (XL, AU)   Electric Utilities 57 79 56 80
10. Computershare (L, AU)   Data Processing & Outsourcing
10. Computershare (L, AU)   Data Processing & Outsourcing 56 21 15 47

June 20, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 50 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Goodman (L, AU)   REITs: Industrials
1. Goodman (L, AU)   REITs: Industrials 97 5 86 98
2. Cochlear (L, AU)   Health Care Equipment
2. Cochlear (L, AU)   Health Care Equipment 95 12 67 54
3. Treasury Wine Estates (L, AU)   Distillers & Vintners
3. Treasury Wine Estates (L, AU)   Distillers & Vintners 93 26 57 75
4. QBE (XXL, AU)   Property & Casualty Insurance
4. QBE (XXL, AU)   Property & Casualty Insurance 89 81 60 100
5. Aurizon (L, AU)   Railroads
5. Aurizon (L, AU)   Railroads 87 39 37 43
6. Origin Energy (XL, AU)   Electric Utilities
6. Origin Energy (XL, AU)   Electric Utilities 79 57 56 80
7. James Hardie (XL, IE)   Construction Materials
7. James Hardie (XL, IE)   Construction Materials 69 1 30 14
8. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
8. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 67 1 25 40
9. MGL (XXL, AU)   Diversified Capital Markets
9. MGL (XXL, AU)   Diversified Capital Markets 65 27 16 13
10. IAG (XL, AU)   Property & Casualty Insurance
10. IAG (XL, AU)   Property & Casualty Insurance 61 41 76 85

June 20, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 50 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. IAG (XL, AU)  Property & Casualty Insurance
1. IAG (XL, AU)   Property & Casualty Insurance 90 41 76 85
2. National Australia Bank (XXL, AU)  Diversified Banks
2. National Australia Bank (XXL, AU)   Diversified Banks 82 24 46 39
3. AGL (XL, AU)  Multi-Utilities
3. AGL (XL, AU)   Multi-Utilities 80 77 70 72
4. Westpac Banking (XXL, AU)  Diversified Banks
4. Westpac Banking (XXL, AU)   Diversified Banks 79 36 29 21
5. Woodside Petroleum (XL, AU)  Oil & Gas Production
5. Woodside Petroleum (XL, AU)   Oil & Gas Production 76 46 29 28
6. Goodman (L, AU)  REITs: Industrials
6. Goodman (L, AU)   REITs: Industrials 76 5 86 98
7. QBE (XXL, AU)  Property & Casualty Insurance
7. QBE (XXL, AU)   Property & Casualty Insurance 76 81 60 100
8. Commonwealth Bank of Australia (XXL, AU)  Diversified Banks
8. Commonwealth Bank of Australia (XXL, AU)   Diversified Banks 70 6 6 6
9. James Hardie (XL, IE)  Construction Materials
9. James Hardie (XL, IE)   Construction Materials 58 1 30 14
10. Rio Tinto (XXL, GB) ☀  Diversified Metals & Mining
10. Rio Tinto (XXL, GB) ☀   Diversified Metals & Mining 58 21 38 59

June 20, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 50 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Goodman (L, AU)  REITs: Industrials
1. Goodman (L, AU)   REITs: Industrials 86 5 97 98
2. Suncorp (XL, AU)  Property & Casualty Insurance
2. Suncorp (XL, AU)   Property & Casualty Insurance 82 39 58 92
3. IAG (XL, AU)  Property & Casualty Insurance
3. IAG (XL, AU)   Property & Casualty Insurance 76 41 61 85
4. AGL (XL, AU)  Multi-Utilities
4. AGL (XL, AU)   Multi-Utilities 70 77 21 72
5. Cochlear (L, AU)  Health Care Equipment
5. Cochlear (L, AU)   Health Care Equipment 67 12 95 54
6. Medibank Private (XL, AU)  Life & Health Insurance
6. Medibank Private (XL, AU)   Life & Health Insurance 66 58 39 87
7. QBE (XXL, AU)  Property & Casualty Insurance
7. QBE (XXL, AU)   Property & Casualty Insurance 60 81 89 100
8. Treasury Wine Estates (L, AU)  Distillers & Vintners
8. Treasury Wine Estates (L, AU)   Distillers & Vintners 57 26 93 75
9. Origin Energy (XL, AU)  Electric Utilities
9. Origin Energy (XL, AU)   Electric Utilities 56 57 79 80
10. Newcrest (XL, AU)  Gold Production
10. Newcrest (XL, AU)   Gold Production 48 36 49 34

June 20, 2024. Top 10s are published weekly following the . ( or for more stocks)


☀ This company has a special achievement which is documented on its stock research page.

Top 10 lists may contain fewer than 10 stocks due to Obermatt’s top 10 quality standards.

Top 10 Stocks from the purely fact-based Obermatt Method in the stock index Australian Securities Exchange Index ASX 50 from June 20, 2024.

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