November 9, 2023
Snapshot Top 10: Australian Securities Exchange Index ASX 50



The Top 10 performing stocks in the Australian Securities Exchange Index ASX 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 Australian Securities Exchange Index ASX 50 as of November 9, 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 97 7 5 5
2. Ampol (XXL, AU)  Oil & Gas Refining
2. Ampol (XXL, AU)   Oil & Gas Refining 94 83 30 46
3. Fortescue (XXL, AU)  Steel
3. Fortescue (XXL, AU)   Steel 94 44 32 41
4. Aurizon (L, AU)  Railroads
4. Aurizon (L, AU)   Railroads 92 37 17 18
5. QBE (XXL, AU)  Property & Casualty Insurance
5. QBE (XXL, AU)   Property & Casualty Insurance 90 77 60 100
6. BHP (XXL, AU)  Diversified Metals & Mining
6. BHP (XXL, AU)   Diversified Metals & Mining 90 36 25 30
7. Rio Tinto (XXL, GB)  Diversified Metals & Mining
7. Rio Tinto (XXL, GB)   Diversified Metals & Mining 88 15 51 74
8. Brambles (XL, AU)  Diversified Support Services
8. Brambles (XL, AU)   Diversified Support Services 88 78 12 30
9. Westpac Banking (XXL, AU)  Diversified Banks
9. Westpac Banking (XXL, AU)   Diversified Banks 87 60 29 10
10. Transurban (L, AU)  Highways & Railtracks
10. Transurban (L, AU)   Highways & Railtracks 87 25 3 1

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

November 9, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 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. QBE (XXL, AU)   Property & Casualty Insurance
1. QBE (XXL, AU)   Property & Casualty Insurance 100 77 60 99
2. AGL (XL, AU)   Multi-Utilities
2. AGL (XL, AU)   Multi-Utilities 100 81 100 25
3. Goodman (L, AU)   REITs: Industrials
3. Goodman (L, AU)   REITs: Industrials 92 7 84 88
4. Suncorp (XL, AU)   Property & Casualty Insurance
4. Suncorp (XL, AU)   Property & Casualty Insurance 92 39 82 72
5. Origin Energy (XL, AU)   Electric Utilities
5. Origin Energy (XL, AU)   Electric Utilities 88 51 78 85
6. Medibank Private (XL, AU)   Life & Health Insurance
6. Medibank Private (XL, AU)   Life & Health Insurance 87 45 66 92
7. IAG (XL, AU)   Property & Casualty Insurance
7. IAG (XL, AU)   Property & Casualty Insurance 85 51 76 39
8. ANZ Banking (XXL, AU)   Diversified Banks
8. ANZ Banking (XXL, AU)   Diversified Banks 84 44 65 92
9. Rio Tinto (XXL, GB)   Diversified Metals & Mining
9. Rio Tinto (XXL, GB)   Diversified Metals & Mining 74 15 51 88
10. Santos (XL, AU)   Oil & Gas Production
10. Santos (XL, AU)   Oil & Gas Production 63 33 25 99

November 9, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 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. QBE (XXL, AU)   Property & Casualty Insurance
1. QBE (XXL, AU)   Property & Casualty Insurance 99 77 60 100
2. Santos (XL, AU)   Oil & Gas Production
2. Santos (XL, AU)   Oil & Gas Production 99 33 25 63
3. Computershare (L, AU)   Data Processing & Outsourcing
3. Computershare (L, AU)   Data Processing & Outsourcing 96 52 16 50
4. Aristocrat (XL, AU)   Casinos & Gaming
4. Aristocrat (XL, AU)   Casinos & Gaming 94 27 20 50
5. Qantas Airways (XL, AU)   Airlines
5. Qantas Airways (XL, AU)   Airlines 94 48 6 25
6. Medibank Private (XL, AU)   Life & Health Insurance
6. Medibank Private (XL, AU)   Life & Health Insurance 92 45 66 87
7. ANZ Banking (XXL, AU)   Diversified Banks
7. ANZ Banking (XXL, AU)   Diversified Banks 92 44 65 84
8. Goodman (L, AU)   REITs: Industrials
8. Goodman (L, AU)   REITs: Industrials 88 7 84 92
9. Sonic (XL, AU)   Health Care Services
9. Sonic (XL, AU)   Health Care Services 88 59 17 56
10. Rio Tinto (XXL, GB)   Diversified Metals & Mining
10. Rio Tinto (XXL, GB)   Diversified Metals & Mining 88 15 51 74

November 9, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 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. LendLease (XL, AU)   Real Estate: Diversified Operations
1. LendLease (XL, AU)   Real Estate: Diversified Operations 90 57 54 26
2. Ampol (XXL, AU)   Oil & Gas Refining
2. Ampol (XXL, AU)   Oil & Gas Refining 83 23 30 46
3. AGL (XL, AU)   Multi-Utilities
3. AGL (XL, AU)   Multi-Utilities 81 97 100 100
4. Brambles (XL, AU)   Diversified Support Services
4. Brambles (XL, AU)   Diversified Support Services 78 21 12 30
5. QBE (XXL, AU)   Property & Casualty Insurance
5. QBE (XXL, AU)   Property & Casualty Insurance 77 93 60 100
6. South32 (XL, AU)   Diversified Metals & Mining
6. South32 (XL, AU)   Diversified Metals & Mining 62 61 53 59
7. Westpac Banking (XXL, AU)   Diversified Banks
7. Westpac Banking (XXL, AU)   Diversified Banks 60 15 29 10
8. Sonic (XL, AU)   Health Care Services
8. Sonic (XL, AU)   Health Care Services 59 39 17 56
9. Computershare (L, AU)   Data Processing & Outsourcing
9. Computershare (L, AU)   Data Processing & Outsourcing 52 25 16 50
10. IAG (XL, AU)   Property & Casualty Insurance
10. IAG (XL, AU)   Property & Casualty Insurance 51 81 76 85

November 9, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 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. AGL (XL, AU)   Multi-Utilities
1. AGL (XL, AU)   Multi-Utilities 97 81 100 100
2. Goodman (L, AU)   REITs: Industrials
2. Goodman (L, AU)   REITs: Industrials 95 7 84 92
3. Origin Energy (XL, AU)   Electric Utilities
3. Origin Energy (XL, AU)   Electric Utilities 93 51 78 88
4. QBE (XXL, AU)   Property & Casualty Insurance
4. QBE (XXL, AU)   Property & Casualty Insurance 93 77 60 100
5. Rio Tinto (XXL, GB)   Diversified Metals & Mining
5. Rio Tinto (XXL, GB)   Diversified Metals & Mining 89 15 51 74
6. Newcrest (XL, AU)   Gold Production
6. Newcrest (XL, AU)   Gold Production 85 24 44 34
7. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
7. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 85 13 63 61
8. IAG (XL, AU)   Property & Casualty Insurance
8. IAG (XL, AU)   Property & Casualty Insurance 81 51 76 85
9. Cochlear (L, AU)   Health Care Equipment
9. Cochlear (L, AU)   Health Care Equipment 79 16 50 59
10. Suncorp (XL, AU)   Property & Casualty Insurance
10. Suncorp (XL, AU)   Property & Casualty Insurance 77 39 82 92

November 9, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 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 98 44 65 84
2. National Australia Bank (XXL, AU)  Diversified Banks
2. National Australia Bank (XXL, AU)   Diversified Banks 92 30 39 50
3. IAG (XL, AU)  Property & Casualty Insurance
3. IAG (XL, AU)   Property & Casualty Insurance 90 51 76 85
4. Commonwealth Bank of Australia (XXL, AU)  Diversified Banks
4. Commonwealth Bank of Australia (XXL, AU)   Diversified Banks 86 10 16 18
5. AGL (XL, AU)  Multi-Utilities
5. AGL (XL, AU)   Multi-Utilities 78 81 100 100
6. QBE (XXL, AU)  Property & Casualty Insurance
6. QBE (XXL, AU)   Property & Casualty Insurance 76 77 60 100
7. Woodside Petroleum (XL, AU)  Oil & Gas Production
7. Woodside Petroleum (XL, AU)   Oil & Gas Production 74 30 37 39
8. Goodman (L, AU)  REITs: Industrials
8. Goodman (L, AU)   REITs: Industrials 73 7 84 92
9. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
9. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 73 13 63 61
10. Aristocrat (XL, AU)  Casinos & Gaming
10. Aristocrat (XL, AU)   Casinos & Gaming 54 27 20 50

November 9, 2023. Top 10s are published weekly following the . ( or for more stocks)


ASX 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. AGL (XL, AU)  Multi-Utilities
1. AGL (XL, AU)   Multi-Utilities 100 81 97 100
2. Goodman (L, AU)  REITs: Industrials
2. Goodman (L, AU)   REITs: Industrials 84 7 95 92
3. Suncorp (XL, AU)  Property & Casualty Insurance
3. Suncorp (XL, AU)   Property & Casualty Insurance 82 39 77 92
4. Origin Energy (XL, AU)  Electric Utilities
4. Origin Energy (XL, AU)   Electric Utilities 78 51 93 88
5. IAG (XL, AU)  Property & Casualty Insurance
5. IAG (XL, AU)   Property & Casualty Insurance 76 51 81 85
6. Medibank Private (XL, AU)  Life & Health Insurance
6. Medibank Private (XL, AU)   Life & Health Insurance 66 45 73 87
7. ANZ Banking (XXL, AU)  Diversified Banks
7. ANZ Banking (XXL, AU)   Diversified Banks 65 44 25 84
8. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
8. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 63 13 85 61
9. QBE (XXL, AU)  Property & Casualty Insurance
9. QBE (XXL, AU)   Property & Casualty Insurance 60 77 93 100
10. LendLease (XL, AU)  Real Estate: Diversified Operations
10. LendLease (XL, AU)   Real Estate: Diversified Operations 54 90 57 26

November 9, 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 50 from November 9, 2023.

Top 10 Stock History ASX 50



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