Top 10 Stocks
Australian Securities Exchange Index ASX 200
November 20, 2015

Top 10 Stocks from the purely finance fact-based Obermatt Method for the investment strategies Value, Growth and Safety in the stock index Australian Securities Exchange Index ASX 200 from November 20, 2015 (other Top 10 Stocks):

ASX 200 Top 10: Value Investment Strategy

TOP 10 Value	INDUSTRY	VALUE	GROWTH	SAFETY	COMBINED
1. Incitec Pivot (L, AU) ★	Diversified Chemicals	100	100	89	100
2. GrainCorp (M, AU)	Agricultural Products	100	90	77	100
3. Wesfarmers (XXL, AU) ★	Hypermarkets, Super Centers	100	67	78	94
4. Bendigo And Adelaide Bank (M, AU)	Regional Banks	100	21	100	100
5. Orica (L, AU) ★	Commodity Chemicals	100	26	77	95
6. Fletcher (XL, NZ) ★	Construction Materials	98	75	80	95
7. Sims Metal Management (M, US)	Steel	98	93	36	92
8. Suncorp (XXL, AU) ★	Property & Casualty Insurance	98	64	3	70
9. G.U.D. (XS, AU)	Household Appliances	97	93	98	100
10. Fairfax Media (M, AU)	Publishing	97	67	36	88

Published: November 20, 2015. Top 10s are published weekly by Top 10 schedule. (Obermatt Stock Update)

TOP 10 Growth	INDUSTRY	VALUE	GROWTH	SAFETY	COMBINED
1. Incitec Pivot (L, AU) ★	Diversified Chemicals	100	100	89	100
2. MGL (XL, AU) ★	Investment Banking & Brokerage	96	100	1	100
3. Northern Star Resources (S, AU)	Gold Production	31	100	55	62
4. Magellan Financial Group (S, AU)	Asset Management & Custody	53	100	29	50
5. Recall Holdings (S, AU)	Diversified Support Services	42	100	9	30
6. Nufarm (M, AU)	Fertilizers & Agricul. Chemicals	87	98	89	100
7. TPG Telecom (L, AU)	Integrated Telecommunication	30	98	95	76
8. Qantas Airways (L, AU)	Airlines	47	98	80	31
9. Oil Search (L, PG)	Oil & Gas Production	31	98	13	27
10. Ramsay Health Care (XL, AU) ★	Health Care Facilities	28	98	2	13

Published: November 20, 2015. Top 10s are published weekly by Top 10 schedule. (Obermatt Stock Update)

TOP 10 Safety	INDUSTRY	VALUE	GROWTH	SAFETY	COMBINED
1. IAG Insurance (XL, AU) ★	Property & Casualty Insurance	91	50	100	100
2. Bendigo And Adelaide Bank (M, AU)	Regional Banks	100	21	100	100
3. Sandfire (XS, AU)	Diversified Metals & Mining	53	72	100	91
4. G.U.D. (XS, AU)	Household Appliances	97	93	98	100
5. Bluescope Steel (L, AU)	Steel	90	93	98	100
6. James Hardie (L, IE)	Construction Materials	91	79	98	100
7. UGL (XS, AU)	Construction & Engineering	46	16	98	59
8. Steadfast Group (S, AU)	Insurance Brokers	55	97	97	93
9. Investa Office Fund (M, AU)	Office REITs	66	58	96	58
10. Drillsearch (XS, AU)	Oil & Gas Production	44	67	96	27

Published: November 20, 2015. Top 10s are published weekly by Top 10 schedule. (Obermatt Stock Update)

TOP 10 Combined	INDUSTRY	VALUE	GROWTH	SAFETY	COMBINED
1. Incitec Pivot (L, AU) ★	Diversified Chemicals	100	100	89	100
2. G.U.D. (XS, AU)	Household Appliances	97	93	98	100
3. Bluescope Steel (L, AU)	Steel	90	93	98	100
4. Nufarm (M, AU)	Fertilizers & Agricul. Chemicals	87	98	89	100
5. GrainCorp (M, AU)	Agricultural Products	100	90	77	100
6. James Hardie (L, IE)	Construction Materials	91	79	98	100
7. Lend Lease (L, AU) ★	Diversified Real Estate	93	85	89	100
8. IOOF (M, AU)	Asset Management & Custody	88	78	95	100
9. Sky Network (M, NZ)	Cable & Satellite	95	74	89	100
10. Telecom NZ (L, NZ) ★	Integrated Telecommunication	95	70	91	100