December 21, 2023
Snapshot Top 10: Australian Securities Exchange Index ASX 100



The Top 10 performing stocks in the Australian Securities Exchange Index ASX 100 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 100 as of December 21, 2023.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. APA (L, AU)  Gas Utilities
1. APA (L, AU)   Gas Utilities 100 13 1 4
2. Orora (L, AU)  Metal & Glass Containers
2. Orora (L, AU)   Metal & Glass Containers 94 63 37 34
3. AGL (XL, AU)  Multi-Utilities
3. AGL (XL, AU)   Multi-Utilities 92 93 98 76
4. Computershare (L, AU)  Data Processing & Outsourcing
4. Computershare (L, AU)   Data Processing & Outsourcing 92 63 21 43
5. Aurizon (L, AU)  Railroads
5. Aurizon (L, AU)   Railroads 92 43 19 25
6. Brambles (XL, AU)  Diversified Support Services
6. Brambles (XL, AU)   Diversified Support Services 90 76 12 32
7. ResMed (XL, US)  Health Care Equipment
7. ResMed (XL, US)   Health Care Equipment 89 70 61 65
8. Origin Energy (XL, AU)  Electric Utilities
8. Origin Energy (XL, AU)   Electric Utilities 86 69 90 87
9. Incitec Pivot (XL, AU)  Diversified Chemicals
9. Incitec Pivot (XL, AU)   Diversified Chemicals 85 61 30 14
10. Treasury Wine Estates (L, AU)  Distillers & Vintners
10. Treasury Wine Estates (L, AU)   Distillers & Vintners 83 34 47 45

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

December 21, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 100 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. Goodman (L, AU)   REITs: Industrials
1. Goodman (L, AU)   REITs: Industrials 96 11 96 97
2. Suncorp (XL, AU)   Property & Casualty Insurance
2. Suncorp (XL, AU)   Property & Casualty Insurance 92 45 82 53
3. Medibank Private (XL, AU)   Life & Health Insurance
3. Medibank Private (XL, AU)   Life & Health Insurance 87 53 66 100
4. Origin Energy (XL, AU)   Electric Utilities
4. Origin Energy (XL, AU)   Electric Utilities 87 69 90 54
5. IAG (XL, AU)   Property & Casualty Insurance
5. IAG (XL, AU)   Property & Casualty Insurance 85 57 76 35
6. NIB (L, AU)   Life & Health Insurance
6. NIB (L, AU)   Life & Health Insurance 82 60 36 64
7. Beach (L, AU)   Oil & Gas Production
7. Beach (L, AU)   Oil & Gas Production 81 82 96 26
8. AGL (XL, AU)   Multi-Utilities
8. AGL (XL, AU)   Multi-Utilities 76 93 98 10
9. Northern Star Resources (L, AU)   Gold Production
9. Northern Star Resources (L, AU)   Gold Production 74 16 52 96
10. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment
10. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 74 24 75 66

December 21, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 100 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 53 66 87
2. Goodman (L, AU)   REITs: Industrials
2. Goodman (L, AU)   REITs: Industrials 97 11 96 96
3. Northern Star Resources (L, AU)   Gold Production
3. Northern Star Resources (L, AU)   Gold Production 96 16 52 74
4. Aristocrat (XL, AU)   Casinos & Gaming
4. Aristocrat (XL, AU)   Casinos & Gaming 94 33 28 51
5. Reliance Worldwide (L, AU)   Building Products
5. Reliance Worldwide (L, AU)   Building Products 92 18 43 66
6. Computershare (L, AU)   Data Processing & Outsourcing
6. Computershare (L, AU)   Data Processing & Outsourcing 86 63 21 43
7. Qantas Airways (XL, AU)   Airlines
7. Qantas Airways (XL, AU)   Airlines 85 62 9 38
8. Sonic (XL, AU)   Health Care Services
8. Sonic (XL, AU)   Health Care Services 82 59 39 72
9. James Hardie (XL, IE)   Construction Materials
9. James Hardie (XL, IE)   Construction Materials 80 1 16 41
10. Santos (XL, AU)   Oil & Gas Production
10. Santos (XL, AU)   Oil & Gas Production 76 24 16 39

December 21, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 100 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Downer EDI (XL, AU)   Diversified Support Services
1. Downer EDI (XL, AU)   Diversified Support Services 99 37 61 25
2. Tabcorp (L, AU)   Casinos & Gaming
2. Tabcorp (L, AU)   Casinos & Gaming 94 23 56 43
3. AGL (XL, AU)   Multi-Utilities
3. AGL (XL, AU)   Multi-Utilities 93 31 98 76
4. Link Administrations (L, AU)   Data Processing & Outsourcing
4. Link Administrations (L, AU)   Data Processing & Outsourcing 92 19 26 16
5. Beach (L, AU)   Oil & Gas Production
5. Beach (L, AU)   Oil & Gas Production 82 65 96 81
6. LendLease (XL, AU)   Real Estate: Diversified Operations
6. LendLease (XL, AU)   Real Estate: Diversified Operations 78 61 53 22
7. Brambles (XL, AU)   Diversified Support Services
7. Brambles (XL, AU)   Diversified Support Services 76 17 12 32
8. Ansell (L, AU)   Health Care Supplies
8. Ansell (L, AU)   Health Care Supplies 75 23 43 31
9. ResMed (XL, US)   Health Care Equipment
9. ResMed (XL, US)   Health Care Equipment 70 45 61 65
10. Origin Energy (XL, AU)   Electric Utilities
10. Origin Energy (XL, AU)   Electric Utilities 69 87 90 87

December 21, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 100 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. REA (L, AU)   Interactive Media & Services
1. REA (L, AU)   Interactive Media & Services 99 6 72 72
2. Goodman (L, AU)   REITs: Industrials
2. Goodman (L, AU)   REITs: Industrials 99 11 96 96
3. Worley (XL, AU)   Oil & Gas Equipment
3. Worley (XL, AU)   Oil & Gas Equipment 95 12 41 26
4. Boral (L, AU)   Construction Materials
4. Boral (L, AU)   Construction Materials 90 5 49 38
5. IAG (XL, AU)   Property & Casualty Insurance
5. IAG (XL, AU)   Property & Casualty Insurance 89 57 76 85
6. Northern Star Resources (L, AU)   Gold Production
6. Northern Star Resources (L, AU)   Gold Production 87 16 52 74
7. Origin Energy (XL, AU)   Electric Utilities
7. Origin Energy (XL, AU)   Electric Utilities 87 69 90 87
8. Evolution Mining (L, AU)   Gold Production
8. Evolution Mining (L, AU)   Gold Production 83 33 30 22
9. Cochlear (L, AU)   Health Care Equipment
9. Cochlear (L, AU)   Health Care Equipment 81 10 54 41
10. Newcrest (XL, AU)   Gold Production
10. Newcrest (XL, AU)   Gold Production 77 36 48 34

December 21, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 100 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Iluka Resources (L, AU)  Diversified Metals & Mining
1. Iluka Resources (L, AU)   Diversified Metals & Mining 100 67 100 74
2. WHSP (L, AU)  Coal & Consumable Fuels
2. WHSP (L, AU)   Coal & Consumable Fuels 98 7 67 27
3. Challenger (L, AU)  Other Financial Services
3. Challenger (L, AU)   Other Financial Services 91 55 37 40
4. IAG (XL, AU)  Property & Casualty Insurance
4. IAG (XL, AU)   Property & Casualty Insurance 90 57 76 85
5. Beach (L, AU)  Oil & Gas Production
5. Beach (L, AU)   Oil & Gas Production 87 82 96 81
6. AGL (XL, AU)  Multi-Utilities
6. AGL (XL, AU)   Multi-Utilities 86 93 98 76
7. Goodman (L, AU)  REITs: Industrials
7. Goodman (L, AU)   REITs: Industrials 85 11 96 96
8. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
8. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 84 24 75 74
9. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
9. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 81 8 58 51
10. Woodside Petroleum (XL, AU)  Oil & Gas Production
10. Woodside Petroleum (XL, AU)   Oil & Gas Production 75 27 19 6

December 21, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 100 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Iluka Resources (L, AU)  Diversified Metals & Mining
1. Iluka Resources (L, AU)   Diversified Metals & Mining 100 67 65 74
2. AGL (XL, AU)  Multi-Utilities
2. AGL (XL, AU)   Multi-Utilities 98 93 31 76
3. Beach (L, AU)  Oil & Gas Production
3. Beach (L, AU)   Oil & Gas Production 96 82 65 81
4. Goodman (L, AU)  REITs: Industrials
4. Goodman (L, AU)   REITs: Industrials 96 11 99 96
5. Origin Energy (XL, AU)  Electric Utilities
5. Origin Energy (XL, AU)   Electric Utilities 90 69 87 87
6. Suncorp (XL, AU)  Property & Casualty Insurance
6. Suncorp (XL, AU)   Property & Casualty Insurance 82 45 65 92
7. IAG (XL, AU)  Property & Casualty Insurance
7. IAG (XL, AU)   Property & Casualty Insurance 76 57 89 85
8. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
8. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 75 24 51 74
9. REA (L, AU)  Interactive Media & Services
9. REA (L, AU)   Interactive Media & Services 72 6 99 72
10. WHSP (L, AU)  Coal & Consumable Fuels
10. WHSP (L, AU)   Coal & Consumable Fuels 67 7 52 27

December 21, 2023. 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 100 from December 21, 2023.

Top 10 Stock History ASX 100



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