October 24, 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 October 24, 2024.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Spark New Zealand (L, NZ)  Integrated Telecommunication
1. Spark New Zealand (L, NZ)   Integrated Telecommunication 100 55 34 30
2. Sky Network (M, NZ)  Cable & Satellite
2. Sky Network (M, NZ)   Cable & Satellite 99 93 88 77
3. Scales (M, NZ)  Agricultural Products
3. Scales (M, NZ)   Agricultural Products 96 55 83 88
4. Heartland Group (XXL, NZ)  Diversified Banks
4. Heartland Group (XXL, NZ)   Diversified Banks 96 87 68 48
5. Genesis Energy (L, NZ)  Electric Utilities
5. Genesis Energy (L, NZ)   Electric Utilities 94 53 24 12
6. Chorus (M, NZ)  Alternative Carriers
6. Chorus (M, NZ)   Alternative Carriers 88 15 18 10
7. ANZ Banking (XXL, AU)  Diversified Banks
7. ANZ Banking (XXL, AU)   Diversified Banks 82 39 28 24
8. Vector (L, NZ)  Multi-Utilities
8. Vector (L, NZ)   Multi-Utilities 79 27 44 62
9. Westpac Banking (XXL, AU)  Diversified Banks
9. Westpac Banking (XXL, AU)   Diversified Banks 76 23 48 30
10. Freightways (M, NZ)  Air Freight & Logistics
10. Freightways (M, NZ)   Air Freight & Logistics 73 29 53 45

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

October 24, 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. Scales (M, NZ)   Agricultural Products
1. Scales (M, NZ)   Agricultural Products 88 55 83 74
2. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment
2. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 83 12 84 62
3. Sky Network (M, NZ)   Cable & Satellite
3. Sky Network (M, NZ)   Cable & Satellite 77 93 88 50
4. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
4. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 66 1 59 74
5. Vector (L, NZ)   Multi-Utilities
5. Vector (L, NZ)   Multi-Utilities 62 27 44 70
6. Contact Energy (L, NZ)   Electric Utilities
6. Contact Energy (L, NZ)   Electric Utilities 56 31 22 96
7. Mercury NZ (L, NZ)   Electric Utilities
7. Mercury NZ (L, NZ)   Electric Utilities 55 15 32 78
8. Heartland Group (XXL, NZ)   Diversified Banks
8. Heartland Group (XXL, NZ)   Diversified Banks 48 87 68 19
9. Freightways (M, NZ)   Air Freight & Logistics
9. Freightways (M, NZ)   Air Freight & Logistics 45 29 53 32
10. KMD Brands (M, NZ)   Specialty Stores
10. KMD Brands (M, NZ)   Specialty Stores 39 79 88 1

October 24, 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 96 31 22 56
2. Mercury NZ (L, NZ)   Electric Utilities
2. Mercury NZ (L, NZ)   Electric Utilities 78 15 32 55
3. Infratil (L, NZ)   Electric Utilities
3. Infratil (L, NZ)   Electric Utilities 76 3 6 18
4. Scales (M, NZ)   Agricultural Products
4. Scales (M, NZ)   Agricultural Products 74 55 83 88
5. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
5. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 74 1 59 66
6. Ebos (XL, AU)   Health Care Distributors
6. Ebos (XL, AU)   Health Care Distributors 74 13 1 12
7. Vector (L, NZ)   Multi-Utilities
7. Vector (L, NZ)   Multi-Utilities 70 27 44 62
8. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment
8. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 62 12 84 83
9. Sky Network (M, NZ)   Cable & Satellite
9. Sky Network (M, NZ)   Cable & Satellite 50 93 88 77
10. Restaurant Brands New Zealand (M, NZ)   Restaurants
10. Restaurant Brands New Zealand (M, NZ)   Restaurants 41 61 24 26

October 24, 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. Sky Network (M, NZ)   Cable & Satellite
1. Sky Network (M, NZ)   Cable & Satellite 93 45 88 77
2. SKYCITY (M, NZ)   Casinos & Gaming
2. SKYCITY (M, NZ)   Casinos & Gaming 89 3 14 8
3. Heartland Group (XXL, NZ)   Diversified Banks
3. Heartland Group (XXL, NZ)   Diversified Banks 87 69 68 48
4. Fletcher (XL, NZ)   Building Products
4. Fletcher (XL, NZ)   Building Products 85 3 43 15
5. KMD Brands (M, NZ)   Specialty Stores
5. KMD Brands (M, NZ)   Specialty Stores 79 77 88 39
6. Air New Zealand (L, NZ)   Airlines
6. Air New Zealand (L, NZ)   Airlines 71 25 27 12
7. Synlait Milk (L, NZ)   Packaged Foods & Meats
7. Synlait Milk (L, NZ)   Packaged Foods & Meats 65 23 7 4
8. Restaurant Brands New Zealand (M, NZ)   Restaurants
8. Restaurant Brands New Zealand (M, NZ)   Restaurants 61 57 24 26
9. Scales (M, NZ)   Agricultural Products
9. Scales (M, NZ)   Agricultural Products 55 93 83 88
10. Spark New Zealand (L, NZ)   Integrated Telecommunication
10. Spark New Zealand (L, NZ)   Integrated Telecommunication 55 53 34 30

October 24, 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. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment
1. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 97 12 84 83
2. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
2. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 97 1 59 66
3. Vector (L, NZ)   Multi-Utilities
3. Vector (L, NZ)   Multi-Utilities 97 27 44 62
4. Scales (M, NZ)   Agricultural Products
4. Scales (M, NZ)   Agricultural Products 93 55 83 88
5. Freightways (M, NZ)   Air Freight & Logistics
5. Freightways (M, NZ)   Air Freight & Logistics 93 29 53 45
6. Chorus (M, NZ)   Alternative Carriers
6. Chorus (M, NZ)   Alternative Carriers 85 15 18 10
7. Mercury NZ (L, NZ)   Electric Utilities
7. Mercury NZ (L, NZ)   Electric Utilities 81 15 32 55
8. KMD Brands (M, NZ)   Specialty Stores
8. KMD Brands (M, NZ)   Specialty Stores 77 79 88 39
9. Heartland Group (XXL, NZ)   Diversified Banks
9. Heartland Group (XXL, NZ)   Diversified Banks 69 87 68 48
10. Restaurant Brands New Zealand (M, NZ)   Restaurants
10. Restaurant Brands New Zealand (M, NZ)   Restaurants 57 61 24 26

October 24, 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. Westpac Banking (XXL, AU)  Diversified Banks
1. Westpac Banking (XXL, AU)   Diversified Banks 82 23 48 30
2. Meridian Energy (L, NZ)  Renewable Electricity
2. Meridian Energy (L, NZ)   Renewable Electricity 78 11 36 31
3. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
3. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 71 12 84 83
4. Sky Network (M, NZ)  Cable & Satellite
4. Sky Network (M, NZ)   Cable & Satellite 69 93 88 77
5. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
5. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 65 1 59 66
6. Mainfreight (XL, NZ)  Air Freight & Logistics
6. Mainfreight (XL, NZ)   Air Freight & Logistics 63 7 25 20
7. Ebos (XL, AU)  Health Care Distributors
7. Ebos (XL, AU)   Health Care Distributors 45 13 1 12
8. KMD Brands (M, NZ)  Specialty Stores
8. KMD Brands (M, NZ)   Specialty Stores 44 79 88 39
9. Scales (M, NZ)  Agricultural Products
9. Scales (M, NZ)   Agricultural Products 43 55 83 88
10. Fletcher (XL, NZ)  Building Products
10. Fletcher (XL, NZ)   Building Products 43 85 43 15

October 24, 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. KMD Brands (M, NZ)  Specialty Stores
1. KMD Brands (M, NZ)   Specialty Stores 88 79 77 39
2. Sky Network (M, NZ)  Cable & Satellite
2. Sky Network (M, NZ)   Cable & Satellite 88 93 45 77
3. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
3. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 84 12 97 83
4. Scales (M, NZ)  Agricultural Products
4. Scales (M, NZ)   Agricultural Products 83 55 93 88
5. Heartland Group (XXL, NZ)  Diversified Banks
5. Heartland Group (XXL, NZ)   Diversified Banks 68 87 69 48
6. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
6. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 59 1 97 66
7. Ryman Healthcare (M, NZ)  Health Care Facilities
7. Ryman Healthcare (M, NZ)   Health Care Facilities 56 43 19 13
8. Freightways (M, NZ)  Air Freight & Logistics
8. Freightways (M, NZ)   Air Freight & Logistics 53 29 93 45
9. Westpac Banking (XXL, AU)  Diversified Banks
9. Westpac Banking (XXL, AU)   Diversified Banks 48 23 43 30
10. Vector (L, NZ)  Multi-Utilities
10. Vector (L, NZ)   Multi-Utilities 44 27 97 62

October 24, 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 October 24, 2024.

Top 10 Stock History NZSX 50



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