March 14, 2024
Snapshot Top 10: New Zealand Stock Exchange Index NZSX 50



The Top 10 performing stocks in the New Zealand Stock Exchange Index NZSX 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 New Zealand Stock Exchange Index NZSX 50 as of March 14, 2024.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. SKYCITY (M, NZ)  Casinos & Gaming
1. SKYCITY (M, NZ)   Casinos & Gaming 100 98 50 50
2. Heartland Group (XXL, NZ)  Diversified Banks
2. Heartland Group (XXL, NZ)   Diversified Banks 96 82 67 67
3. KMD Brands (M, NZ)  Specialty Stores
3. KMD Brands (M, NZ)   Specialty Stores 96 95 71 33
4. Sky Network (M, NZ)  Cable & Satellite
4. Sky Network (M, NZ)   Cable & Satellite 95 97 90 93
5. Scales (M, NZ)  Agricultural Products
5. Scales (M, NZ)   Agricultural Products 94 63 78 89
6. Genesis Energy (L, NZ)  Electric Utilities
6. Genesis Energy (L, NZ)   Electric Utilities 88 43 13 34
7. Chorus (M, NZ)  Alternative Carriers
7. Chorus (M, NZ)   Alternative Carriers 88 11 1 1
8. Air New Zealand (L, NZ)  Airlines
8. Air New Zealand (L, NZ)   Airlines 83 97 34 13
9. Freightways (M, NZ)  Air Freight & Logistics
9. Freightways (M, NZ)   Air Freight & Logistics 82 42 22 9
10. ANZ Banking (XXL, AU)  Diversified Banks
10. ANZ Banking (XXL, AU)   Diversified Banks 82 42 71 82

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

March 14, 2024. Top 10s are published weekly following the . ( or for more stocks)


NZSX 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. Sky Network (M, NZ)   Cable & Satellite
1. Sky Network (M, NZ)   Cable & Satellite 93 97 90 69
2. Scales (M, NZ)   Agricultural Products
2. Scales (M, NZ)   Agricultural Products 89 63 78 86
3. ANZ Banking (XXL, AU)   Diversified Banks
3. ANZ Banking (XXL, AU)   Diversified Banks 82 42 71 74
4. Infratil (L, NZ)   Electric Utilities
4. Infratil (L, NZ)   Electric Utilities 73 27 51 81
5. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment
5. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 72 24 66 63
6. Heartland Group (XXL, NZ)   Diversified Banks
6. Heartland Group (XXL, NZ)   Diversified Banks 67 82 67 16
7. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
7. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 65 4 39 88
8. Contact Energy (L, NZ)   Electric Utilities
8. Contact Energy (L, NZ)   Electric Utilities 65 27 34 95
9. Mainfreight (XL, NZ)   Air Freight & Logistics
9. Mainfreight (XL, NZ)   Air Freight & Logistics 59 8 42 77
10. SKYCITY (M, NZ)   Casinos & Gaming
10. SKYCITY (M, NZ)   Casinos & Gaming 50 98 50 52

March 14, 2024. Top 10s are published weekly following the . ( or for more stocks)


NZSX 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. Contact Energy (L, NZ)   Electric Utilities
1. Contact Energy (L, NZ)   Electric Utilities 95 27 34 65
2. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
2. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 88 4 39 65
3. Scales (M, NZ)   Agricultural Products
3. Scales (M, NZ)   Agricultural Products 86 63 78 89
4. Genesis Energy (L, NZ)   Electric Utilities
4. Genesis Energy (L, NZ)   Electric Utilities 84 43 13 34
5. Infratil (L, NZ)   Electric Utilities
5. Infratil (L, NZ)   Electric Utilities 81 27 51 73
6. Mainfreight (XL, NZ)   Air Freight & Logistics
6. Mainfreight (XL, NZ)   Air Freight & Logistics 77 8 42 59
7. ANZ Banking (XXL, AU)   Diversified Banks
7. ANZ Banking (XXL, AU)   Diversified Banks 74 42 71 82
8. Ebos (XL, AU)   Health Care Distributors
8. Ebos (XL, AU)   Health Care Distributors 69 14 11 18
9. Sky Network (M, NZ)   Cable & Satellite
9. Sky Network (M, NZ)   Cable & Satellite 69 97 90 93
10. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment
10. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 63 24 66 72

March 14, 2024. Top 10s are published weekly following the . ( or for more stocks)


NZSX 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. SKYCITY (M, NZ)   Casinos & Gaming
1. SKYCITY (M, NZ)   Casinos & Gaming 98 5 50 50
2. Air New Zealand (L, NZ)   Airlines
2. Air New Zealand (L, NZ)   Airlines 97 16 34 13
3. Sky Network (M, NZ)   Cable & Satellite
3. Sky Network (M, NZ)   Cable & Satellite 97 47 90 93
4. KMD Brands (M, NZ)   Specialty Stores
4. KMD Brands (M, NZ)   Specialty Stores 95 19 71 33
5. Fletcher (XL, NZ)   Building Products
5. Fletcher (XL, NZ)   Building Products 93 1 68 34
6. Heartland Group (XXL, NZ)   Diversified Banks
6. Heartland Group (XXL, NZ)   Diversified Banks 82 58 67 67
7. Restaurant Brands New Zealand (M, NZ)   Restaurants
7. Restaurant Brands New Zealand (M, NZ)   Restaurants 77 15 14 9
8. Synlait Milk (L, NZ)   Packaged Foods & Meats
8. Synlait Milk (L, NZ)   Packaged Foods & Meats 70 5 8 4
9. Scales (M, NZ)   Agricultural Products
9. Scales (M, NZ)   Agricultural Products 63 81 78 89
10. Ryman Healthcare (M, NZ)   Health Care Facilities
10. Ryman Healthcare (M, NZ)   Health Care Facilities 49 21 56 13

March 14, 2024. Top 10s are published weekly following the . ( or for more stocks)


NZSX 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. Infratil (L, NZ)   Electric Utilities
1. Infratil (L, NZ)   Electric Utilities 89 27 51 73
2. Scales (M, NZ)   Agricultural Products
2. Scales (M, NZ)   Agricultural Products 81 63 78 89
3. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
3. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 65 4 39 65
4. Mainfreight (XL, NZ)   Air Freight & Logistics
4. Mainfreight (XL, NZ)   Air Freight & Logistics 62 8 42 59
5. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment
5. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 59 24 66 72
6. Heartland Group (XXL, NZ)   Diversified Banks
6. Heartland Group (XXL, NZ)   Diversified Banks 58 82 67 67
7. Vector (L, NZ)   Multi-Utilities
7. Vector (L, NZ)   Multi-Utilities 55 21 19 28
8. Contact Energy (L, NZ)   Electric Utilities
8. Contact Energy (L, NZ)   Electric Utilities 53 27 34 65
9. Sky Network (M, NZ)   Cable & Satellite
9. Sky Network (M, NZ)   Cable & Satellite 47 97 90 93
10. ANZ Banking (XXL, AU)   Diversified Banks
10. ANZ Banking (XXL, AU)   Diversified Banks 44 42 71 82

March 14, 2024. Top 10s are published weekly following the . ( or for more stocks)


NZSX 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. ANZ Banking (XXL, AU)  Diversified Banks
1. ANZ Banking (XXL, AU)   Diversified Banks 94 42 71 82
2. Mainfreight (XL, NZ)  Air Freight & Logistics
2. Mainfreight (XL, NZ)   Air Freight & Logistics 72 8 42 59
3. Fletcher (XL, NZ)  Building Products
3. Fletcher (XL, NZ)   Building Products 71 93 68 34
4. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
4. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 69 4 39 65
5. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
5. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 69 24 66 72
6. Meridian Energy (L, NZ)  Renewable Electricity
6. Meridian Energy (L, NZ)   Renewable Electricity 67 7 15 8
7. Ebos (XL, AU)  Health Care Distributors
7. Ebos (XL, AU)   Health Care Distributors 58 14 11 18
8. KMD Brands (M, NZ)  Specialty Stores
8. KMD Brands (M, NZ)   Specialty Stores 58 95 71 33
9. Sky Network (M, NZ)  Cable & Satellite
9. Sky Network (M, NZ)   Cable & Satellite 56 97 90 93
10. Contact Energy (L, NZ)  Electric Utilities
10. Contact Energy (L, NZ)   Electric Utilities 53 27 34 65

March 14, 2024. Top 10s are published weekly following the . ( or for more stocks)


NZSX 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. Sky Network (M, NZ)  Cable & Satellite
1. Sky Network (M, NZ)   Cable & Satellite 90 97 47 93
2. Scales (M, NZ)  Agricultural Products
2. Scales (M, NZ)   Agricultural Products 78 63 81 89
3. ANZ Banking (XXL, AU)  Diversified Banks
3. ANZ Banking (XXL, AU)   Diversified Banks 71 42 44 82
4. KMD Brands (M, NZ)  Specialty Stores
4. KMD Brands (M, NZ)   Specialty Stores 71 95 19 33
5. Fletcher (XL, NZ)  Building Products
5. Fletcher (XL, NZ)   Building Products 68 93 1 34
6. Heartland Group (XXL, NZ)  Diversified Banks
6. Heartland Group (XXL, NZ)   Diversified Banks 67 82 58 67
7. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
7. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 66 24 59 72
8. Ryman Healthcare (M, NZ)  Health Care Facilities
8. Ryman Healthcare (M, NZ)   Health Care Facilities 56 49 21 13
9. Infratil (L, NZ)  Electric Utilities
9. Infratil (L, NZ)   Electric Utilities 51 27 89 73
10. SKYCITY (M, NZ)  Casinos & Gaming
10. SKYCITY (M, NZ)   Casinos & Gaming 50 98 5 50

March 14, 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 New Zealand Stock Exchange Index NZSX 50 from March 14, 2024.

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