March 7, 2024
Snapshot Top 10: Australian Securities Exchange Index ASX 200



The Top 10 performing stocks in the Australian Securities Exchange Index ASX 200 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 200 as of March 7, 2024.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Perenti (L, AU)  Diversified Metals & Mining
1. Perenti (L, AU)   Diversified Metals & Mining 100 100 90 82
2. SKYCITY (M, NZ)  Casinos & Gaming
2. SKYCITY (M, NZ)   Casinos & Gaming 100 96 47 38
3. APA (L, AU)  Gas Utilities
3. APA (L, AU)   Gas Utilities 100 15 8 6
4. Inghams Group (L, AU)  Packaged Foods & Meats
4. Inghams Group (L, AU)   Packaged Foods & Meats 98 60 42 27
5. Insignia Financial (L, AU)  Asset Management & Custody
5. Insignia Financial (L, AU)   Asset Management & Custody 98 98 65 52
6. NRW (L, AU)  Construction & Engineering
6. NRW (L, AU)   Construction & Engineering 96 53 25 51
7. Aurizon (L, AU)  Railroads
7. Aurizon (L, AU)   Railroads 94 49 13 34
8. Magellan Financial Group (M, AU)  Asset Management & Custody
8. Magellan Financial Group (M, AU)   Asset Management & Custody 92 63 70 73
9. Elders (L, AU)  Agricultural Products
9. Elders (L, AU)   Agricultural Products 92 58 42 23
10. Super Retail Group (L, AU)  Specialty Stores
10. Super Retail Group (L, AU)   Specialty Stores 92 63 63 71

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

March 7, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 200 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. Ramelius Resources (M, AU)   Gold Production
1. Ramelius Resources (M, AU)   Gold Production 98 42 95 80
2. CSR Limited (L, AU)   Construction Materials
2. CSR Limited (L, AU)   Construction Materials 96 23 87 82
3. Goodman (L, AU)   REITs: Industrials
3. Goodman (L, AU)   REITs: Industrials 91 5 72 95
4. Harvey Norman (L, AU)   General Merchandise Stores
4. Harvey Norman (L, AU)   General Merchandise Stores 91 57 73 79
5. Westgold Resources (M, AU)   Gold Production
5. Westgold Resources (M, AU)   Gold Production 90 53 95 67
6. Service Stream (L, AU)   Construction & Engineering
6. Service Stream (L, AU)   Construction & Engineering 87 62 54 100
7. Perenti (L, AU)   Diversified Metals & Mining
7. Perenti (L, AU)   Diversified Metals & Mining 82 100 90 55
8. Austal (L, AU)   Aerospace & Defense
8. Austal (L, AU)   Aerospace & Defense 82 65 73 58
9. NIB (L, AU)   Life & Health Insurance
9. NIB (L, AU)   Life & Health Insurance 82 62 36 96
10. Challenger (L, AU)   Other Financial Services
10. Challenger (L, AU)   Other Financial Services 81 37 43 94

March 7, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 200 Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Service Stream (L, AU)   Construction & Engineering
1. Service Stream (L, AU)   Construction & Engineering 100 62 54 87
2. Reliance Worldwide (L, AU)   Building Products
2. Reliance Worldwide (L, AU)   Building Products 96 14 36 79
3. NIB (L, AU)   Life & Health Insurance
3. NIB (L, AU)   Life & Health Insurance 96 62 36 82
4. Goodman (L, AU)   REITs: Industrials
4. Goodman (L, AU)   REITs: Industrials 95 5 72 91
5. Challenger (L, AU)   Other Financial Services
5. Challenger (L, AU)   Other Financial Services 94 37 43 81
6. Resolute Mining (M, AU)   Gold Production
6. Resolute Mining (M, AU)   Gold Production 89 83 40 73
7. NRW (L, AU)   Construction & Engineering
7. NRW (L, AU)   Construction & Engineering 87 53 25 51
8. Boral (L, AU)   Construction Materials
8. Boral (L, AU)   Construction Materials 86 7 43 70
9. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
9. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 84 4 13 44
10. CSR Limited (L, AU)   Construction Materials
10. CSR Limited (L, AU)   Construction Materials 82 23 87 96

March 7, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 200 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Perenti (L, AU)   Diversified Metals & Mining
1. Perenti (L, AU)   Diversified Metals & Mining 100 59 90 82
2. Tabcorp (L, AU)   Casinos & Gaming
2. Tabcorp (L, AU)   Casinos & Gaming 98 15 55 47
3. Insignia Financial (L, AU)   Asset Management & Custody
3. Insignia Financial (L, AU)   Asset Management & Custody 98 9 65 52
4. SKYCITY (M, NZ)   Casinos & Gaming
4. SKYCITY (M, NZ)   Casinos & Gaming 96 12 47 38
5. Link Administrations (L, AU)   Data Processing & Outsourcing
5. Link Administrations (L, AU)   Data Processing & Outsourcing 92 6 10 1
6. G8 Education (M, AU)   Education Services
6. G8 Education (M, AU)   Education Services 90 24 57 42
7. Collins Foods (L, AU)   Restaurants
7. Collins Foods (L, AU)   Restaurants 87 34 51 54
8. Ansell (L, AU)   Health Care Supplies
8. Ansell (L, AU)   Health Care Supplies 84 38 52 33
9. Beach (L, AU)   Oil & Gas Production
9. Beach (L, AU)   Oil & Gas Production 84 67 95 76
10. Resolute Mining (M, AU)   Gold Production
10. Resolute Mining (M, AU)   Gold Production 83 39 40 73

March 7, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 200 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Northern Star Resources (L, AU)   Gold Production
1. Northern Star Resources (L, AU)   Gold Production 100 19 67 76
2. Wisetech Global (M, AU)   Application Software
2. Wisetech Global (M, AU)   Application Software 100 8 36 52
3. Reliance Worldwide (L, AU)   Building Products
3. Reliance Worldwide (L, AU)   Building Products 100 14 36 79
4. REA (L, AU)   Interactive Media & Services
4. REA (L, AU)   Interactive Media & Services 100 6 45 32
5. Westgold Resources (M, AU)   Gold Production
5. Westgold Resources (M, AU)   Gold Production 98 53 95 90
6. Breville (L, AU)   Household Appliances
6. Breville (L, AU)   Household Appliances 98 1 26 23
7. Boral (L, AU)   Construction Materials
7. Boral (L, AU)   Construction Materials 98 7 43 70
8. Goodman (L, AU)   REITs: Industrials
8. Goodman (L, AU)   REITs: Industrials 96 5 72 91
9. Carsales.com (M, AU)   Interactive Media & Services
9. Carsales.com (M, AU)   Interactive Media & Services 96 35 44 60
10. United Malt Group (L, AU)   Packaged Foods & Meats
10. United Malt Group (L, AU)   Packaged Foods & Meats 95 37 55 22

March 7, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 200 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. WHSP (L, AU)  Coal & Consumable Fuels
1. WHSP (L, AU)   Coal & Consumable Fuels 97 1 61 38
2. Iluka Resources (L, AU)  Diversified Metals & Mining
2. Iluka Resources (L, AU)   Diversified Metals & Mining 96 29 62 22
3. Perseus (M, AU)  Gold Production
3. Perseus (M, AU)   Gold Production 96 36 33 35
4. Magellan Financial Group (M, AU)  Asset Management & Custody
4. Magellan Financial Group (M, AU)   Asset Management & Custody 94 63 70 73
5. ASX (M, AU)  Financial Exchanges & Data
5. ASX (M, AU)   Financial Exchanges & Data 94 14 23 4
6. Silver Lake (M, AU)  Gold Production
6. Silver Lake (M, AU)   Gold Production 92 27 67 59
7. Ramelius Resources (M, AU)  Gold Production
7. Ramelius Resources (M, AU)   Gold Production 90 42 95 98
8. Perpetual (M, AU)  Asset Management & Custody
8. Perpetual (M, AU)   Asset Management & Custody 83 71 90 67
9. CSR Limited (L, AU)  Construction Materials
9. CSR Limited (L, AU)   Construction Materials 82 23 87 96
10. Lynas (M, MY)  Diversified Metals & Mining
10. Lynas (M, MY)   Diversified Metals & Mining 78 4 67 69

March 7, 2024. Top 10s are published weekly following the . ( or for more stocks)


ASX 200 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Beach (L, AU)  Oil & Gas Production
1. Beach (L, AU)   Oil & Gas Production 95 84 67 76
2. Ramelius Resources (M, AU)  Gold Production
2. Ramelius Resources (M, AU)   Gold Production 95 42 89 98
3. Westgold Resources (M, AU)  Gold Production
3. Westgold Resources (M, AU)   Gold Production 95 53 98 90
4. Perenti (L, AU)  Diversified Metals & Mining
4. Perenti (L, AU)   Diversified Metals & Mining 90 100 59 82
5. Perpetual (M, AU)  Asset Management & Custody
5. Perpetual (M, AU)   Asset Management & Custody 90 71 44 67
6. CSR Limited (L, AU)  Construction Materials
6. CSR Limited (L, AU)   Construction Materials 87 23 84 96
7. Janus Henderson Group (L, GB)  Asset Management & Custody
7. Janus Henderson Group (L, GB)   Asset Management & Custody 76 62 38 37
8. Flight Centre Travel (M, AU)  Hotels, Resorts & Cruise Lines
8. Flight Centre Travel (M, AU)   Hotels, Resorts & Cruise Lines 75 63 88 78
9. Austal (L, AU)  Aerospace & Defense
9. Austal (L, AU)   Aerospace & Defense 73 65 61 82
10. Nufarm (L, AU)  Fertilizers & Agricultural Chemicals
10. Nufarm (L, AU)   Fertilizers & Agricultural Chemicals 73 65 55 41

March 7, 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 Australian Securities Exchange Index ASX 200 from March 7, 2024.

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