June 6, 2024
Snapshot Top 10: Good Governance in Growth Markets



The Top 10 performing stocks in the Good Governance in Growth Markets 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 Good Governance in Growth Markets as of June 6, 2024.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. MCB Bank (M, PK)  Diversified Banks
1. MCB Bank (M, PK)   Diversified Banks 100 93 99 99
2. KAP Industrial (L, ZA)  Industrial Conglomerates
2. KAP Industrial (L, ZA)   Industrial Conglomerates 100 100 38 26
3. Enel Chile (XL, CL)  Electric Utilities
3. Enel Chile (XL, CL)   Electric Utilities 100 86 48 45
4. Omnia (L, ZA)  Diversified Chemicals
4. Omnia (L, ZA)   Diversified Chemicals 98 95 82 48
5. Petrobras (XXL, BR)  Oil & Gas Integrated
5. Petrobras (XXL, BR)   Oil & Gas Integrated 98 89 77 49
6. Sasol (XXL, ZA)  Diversified Chemicals
6. Sasol (XXL, ZA)   Diversified Chemicals 96 100 68 66
7. Barloworld (L, ZA)  Trading & Distribution
7. Barloworld (L, ZA)   Trading & Distribution 96 90 51 47
8. Empresa Nacional de Telecomunicaciones (L, CL)  Wireless Telecommunication
8. Empresa Nacional de Telecomunicaciones (L, CL)   Wireless Telecommunication 96 100 86 49
9. Perusahaan Gas (XL, ID)  Gas Utilities
9. Perusahaan Gas (XL, ID)   Gas Utilities 94 98 100 100
10. SMU (XL, CL)  Food Retail
10. SMU (XL, CL)   Food Retail 94 77 63 84

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

June 6, 2024. Top 10s are published weekly following the . ( or for more stocks)


Good Governace Growth Markets 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. Arab Bank Group (L, JO)   Diversified Banks
1. Arab Bank Group (L, JO)   Diversified Banks 100 97 93 100
2. Hindalco (XXL, IN)   Aluminum
2. Hindalco (XXL, IN)   Aluminum 100 82 88 96
3. Safaricom (L, KE)   Wireless Telecommunication
3. Safaricom (L, KE)   Wireless Telecommunication 100 74 98 96
4. Gamuda (L, MY)   Construction & Engineering
4. Gamuda (L, MY)   Construction & Engineering 100 72 100 84
5. Perusahaan Gas (XL, ID)   Gas Utilities
5. Perusahaan Gas (XL, ID)   Gas Utilities 100 98 100 100
6. AKR Corporindo (L, ID)   Oil & Gas Transportation
6. AKR Corporindo (L, ID)   Oil & Gas Transportation 100 41 98 99
7. MCB Bank (M, PK)   Diversified Banks
7. MCB Bank (M, PK)   Diversified Banks 99 93 99 73
8. CESC (L, IN)   Electric Utilities
8. CESC (L, IN)   Electric Utilities 98 63 96 92
9. L&T Finance Holdings (L, IN)   Other Financial Services
9. L&T Finance Holdings (L, IN)   Other Financial Services 96 51 87 79
10. MISC (XL, MY)   Marine
10. MISC (XL, MY)   Marine 96 66 93 90

June 6, 2024. Top 10s are published weekly following the . ( or for more stocks)


Good Governace Growth Markets Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Arab Bank Group (L, JO)   Diversified Banks
1. Arab Bank Group (L, JO)   Diversified Banks 100 97 93 100
2. IJM (L, MY)   Construction & Engineering
2. IJM (L, MY)   Construction & Engineering 100 65 87 92
3. Perusahaan Gas (XL, ID)   Gas Utilities
3. Perusahaan Gas (XL, ID)   Gas Utilities 100 98 100 100
4. Press Metal Aluminium Holdings (XL, MY)   Aluminum
4. Press Metal Aluminium Holdings (XL, MY)   Aluminum 100 17 27 67
5. Hochschild Mining (M, PE) ☀   Gold Production
5. Hochschild Mining (M, PE) ☀   Gold Production 100 34 26 64
6. AKR Corporindo (L, ID)   Oil & Gas Transportation
6. AKR Corporindo (L, ID)   Oil & Gas Transportation 99 41 98 100
7. CIMB Group Holdings (L, MY)   Diversified Banks
7. CIMB Group Holdings (L, MY)   Diversified Banks 99 49 87 95
8. PLDT (XL, PH)   Wireless Telecommunication
8. PLDT (XL, PH)   Wireless Telecommunication 98 82 29 72
9. IHH Healthcare (XL, MY)   Health Care Facilities
9. IHH Healthcare (XL, MY)   Health Care Facilities 98 47 7 50
10. Mahindra & Mahindra (XXL, IN)   Automobile Manufacturers
10. Mahindra & Mahindra (XXL, IN)   Automobile Manufacturers 98 51 22 72

June 6, 2024. Top 10s are published weekly following the . ( or for more stocks)


Good Governace Growth Markets Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Sasol (XXL, ZA)   Diversified Chemicals
1. Sasol (XXL, ZA)   Diversified Chemicals 100 5 68 66
2. Sri Trang Agro-Industry (L, TH) ☀   Tires & Rubber
2. Sri Trang Agro-Industry (L, TH) ☀   Tires & Rubber 100 47 71 76
3. KAP Industrial (L, ZA)   Industrial Conglomerates
3. KAP Industrial (L, ZA)   Industrial Conglomerates 100 5 38 26
4. Empresa Nacional de Telecomunicaciones (L, CL)   Wireless Telecommunication
4. Empresa Nacional de Telecomunicaciones (L, CL)   Wireless Telecommunication 100 41 86 49
5. Natura & Co (XL, BR)   Personal Products
5. Natura & Co (XL, BR)   Personal Products 100 3 48 51
6. AECI (L, ZA)   Specialty Chemicals
6. AECI (L, ZA)   Specialty Chemicals 99 57 85 81
7. Perusahaan Gas (XL, ID)   Gas Utilities
7. Perusahaan Gas (XL, ID)   Gas Utilities 98 71 100 100
8. Arab Bank Group (L, JO)   Diversified Banks
8. Arab Bank Group (L, JO)   Diversified Banks 97 27 93 100
9. Omnia (L, ZA)   Diversified Chemicals
9. Omnia (L, ZA)   Diversified Chemicals 95 3 82 48
10. Bangchak Corporation (XL, TH)   Oil & Gas Refining
10. Bangchak Corporation (XL, TH)   Oil & Gas Refining 93 9 79 72

June 6, 2024. Top 10s are published weekly following the . ( or for more stocks)


Good Governace Growth Markets Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Mercadolibre (XXL, AR)   Internet Retail
1. Mercadolibre (XXL, AR)   Internet Retail 100 4 24 39
2. RBL Bank (M, IN)   Diversified Banks
2. RBL Bank (M, IN)   Diversified Banks 100 63 98 77
3. Shriram Transport Finance (XL, IN)   Consumer Finance
3. Shriram Transport Finance (XL, IN)   Consumer Finance 100 36 85 85
4. YTL (XL, MY)   Multi-Utilities
4. YTL (XL, MY)   Multi-Utilities 100 34 61 91
5. Avenue Supermarts (XL, IN)   Food Retail
5. Avenue Supermarts (XL, IN)   Food Retail 99 3 72 52
6. Bharti Airtel (XXL, IN)   Wireless Telecommunication
6. Bharti Airtel (XXL, IN)   Wireless Telecommunication 99 12 63 60
7. Tata Power (XL, IN)   Electric Utilities
7. Tata Power (XL, IN)   Electric Utilities 99 16 31 23
8. Yes Bank (L, IN)   Diversified Banks
8. Yes Bank (L, IN)   Diversified Banks 99 15 28 9
9. Dixon Technologies (India) (L, IN)   Consumer Electronics
9. Dixon Technologies (India) (L, IN)   Consumer Electronics 97 16 22 36
10. Cholamandalam Financial Holdings (XL, IN)   Consumer Finance
10. Cholamandalam Financial Holdings (XL, IN)   Consumer Finance 97 49 76 85

June 6, 2024. Top 10s are published weekly following the . ( or for more stocks)


Good Governace Growth Markets Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Signet Jewelers (XL, BM)  Specialty Stores
1. Signet Jewelers (XL, BM)   Specialty Stores 100 29 59 63
2. HDFC Life Insurance (XL, IN)  Life & Health Insurance
2. HDFC Life Insurance (XL, IN)   Life & Health Insurance 100 28 96 16
3. ICICI Prudential Life Insurance (XL, IN)  Life & Health Insurance
3. ICICI Prudential Life Insurance (XL, IN)   Life & Health Insurance 100 21 92 14
4. Ambuja Cements (XL, IN)  Construction Materials
4. Ambuja Cements (XL, IN)   Construction Materials 100 19 100 93
5. Impala Platinum (XL, ZA)  Precious Metals & Minerals
5. Impala Platinum (XL, ZA)   Precious Metals & Minerals 98 74 82 46
6. Tipco Asphalt (L, TH) ☀  Construction Materials
6. Tipco Asphalt (L, TH) ☀   Construction Materials 98 55 67 96
7. ICICI Lombard General Insurance (L, IN)  Property & Casualty Insurance
7. ICICI Lombard General Insurance (L, IN)   Property & Casualty Insurance 98 12 66 28
8. MCB Bank (M, PK)  Diversified Banks
8. MCB Bank (M, PK)   Diversified Banks 97 93 99 99
9. PTT Oil and Retail (XXL, TH)  Automotive Retail
9. PTT Oil and Retail (XXL, TH)   Automotive Retail 96 59 63 67
10. CIMB Group Holdings (L, MY)  Diversified Banks
10. CIMB Group Holdings (L, MY)   Diversified Banks 95 49 87 95

June 6, 2024. Top 10s are published weekly following the . ( or for more stocks)


Good Governace Growth Markets Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Tiger Brands (L, ZA)  Packaged Foods & Meats
1. Tiger Brands (L, ZA)   Packaged Foods & Meats 100 76 70 72
2. Petronas Chemicals (XL, MY)  Commodity Chemicals
2. Petronas Chemicals (XL, MY)   Commodity Chemicals 100 79 69 91
3. Gamuda (L, MY)  Construction & Engineering
3. Gamuda (L, MY)   Construction & Engineering 100 72 89 100
4. Perusahaan Gas (XL, ID)  Gas Utilities
4. Perusahaan Gas (XL, ID)   Gas Utilities 100 98 71 100
5. Hartalega Holdings (M, MY)  Health Care Supplies
5. Hartalega Holdings (M, MY)   Health Care Supplies 100 67 97 93
6. Ambuja Cements (XL, IN)  Construction Materials
6. Ambuja Cements (XL, IN)   Construction Materials 100 19 95 93
7. MCB Bank (M, PK)  Diversified Banks
7. MCB Bank (M, PK)   Diversified Banks 99 93 61 99
8. RBL Bank (M, IN)  Diversified Banks
8. RBL Bank (M, IN)   Diversified Banks 98 63 100 77
9. Safaricom (L, KE)  Wireless Telecommunication
9. Safaricom (L, KE)   Wireless Telecommunication 98 74 53 100
10. AKR Corporindo (L, ID)  Oil & Gas Transportation
10. AKR Corporindo (L, ID)   Oil & Gas Transportation 98 41 83 100

June 6, 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 Good Governance in Growth Markets from June 6, 2024.

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