March 27, 2015
Snapshot Top 10: Belgian 20 Index BEL20



The Top 10 performing stocks in the Belgian 20 Index BEL20 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 Belgian 20 Index BEL20 as of March 27, 2015.

No top 10 list was published for this market, date and strategy.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW

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

March 27, 2015. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Obermatt 360° Investment Strategy

No top 10 list was published for this market, date and strategy.

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT

March 27, 2015. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Sentiment Investment Strategy

No top 10 list was published for this market, date and strategy.

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW

March 27, 2015. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. D'Ieteren (XL, BE)   Distributors
1. D'Ieteren (XL, BE)   Distributors 84 36 83 n/a
2. Anheuser-Busch InBev (XXL, BE)   Brewers
2. Anheuser-Busch InBev (XXL, BE)   Brewers 83 83 90 n/a
3. Ageas (XXL, BE)   Multi-line Insurance
3. Ageas (XXL, BE)   Multi-line Insurance 82 76 100 n/a
4. Groupe Bruxelles Lambert (XL, BE)   Multi-Sector Holdings
4. Groupe Bruxelles Lambert (XL, BE)   Multi-Sector Holdings 81 71 100 n/a
5. ENGIE (XXL, FR)   Multi-Utilities
5. ENGIE (XXL, FR)   Multi-Utilities 79 13 70 n/a
6. Solvay (XXL, BE)   Diversified Chemicals
6. Solvay (XXL, BE)   Diversified Chemicals 77 71 86 n/a
7. Elia System Operator (L, BE)   Electric Utilities
7. Elia System Operator (L, BE)   Electric Utilities 71 54 67 n/a
8. Proximus (XL, BE)   Integrated Telecommunication
8. Proximus (XL, BE)   Integrated Telecommunication 70 47 68 n/a
9. Bekaert (XL, BE)   Steel
9. Bekaert (XL, BE)   Steel 64 47 72 n/a
10. Umicore (XXL, BE)   Specialty Chemicals
10. Umicore (XXL, BE)   Specialty Chemicals 63 16 100 n/a

March 27, 2015. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Ackermans & van Haaren (XL, BE)   Construction & Engineering
1. Ackermans & van Haaren (XL, BE)   Construction & Engineering 91 50 17 n/a
2. Anheuser-Busch InBev (XXL, BE)   Brewers
2. Anheuser-Busch InBev (XXL, BE)   Brewers 83 83 90 n/a
3. Ageas (XXL, BE)   Multi-line Insurance
3. Ageas (XXL, BE)   Multi-line Insurance 76 82 100 n/a
4. Groupe Bruxelles Lambert (XL, BE)   Multi-Sector Holdings
4. Groupe Bruxelles Lambert (XL, BE)   Multi-Sector Holdings 71 81 100 n/a
5. Solvay (XXL, BE)   Diversified Chemicals
5. Solvay (XXL, BE)   Diversified Chemicals 71 77 86 n/a
6. Delhaize (XXL, BE)   Food Retail
6. Delhaize (XXL, BE)   Food Retail 67 60 67 n/a
7. Elia System Operator (L, BE)   Electric Utilities
7. Elia System Operator (L, BE)   Electric Utilities 54 71 67 n/a
8. Proximus (XL, BE)   Integrated Telecommunication
8. Proximus (XL, BE)   Integrated Telecommunication 47 70 68 n/a
9. Bekaert (XL, BE)   Steel
9. Bekaert (XL, BE)   Steel 47 64 72 n/a
10. UCB (XL, BE)   Pharmaceuticals
10. UCB (XL, BE)   Pharmaceuticals 43 48 31 n/a

March 27, 2015. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Telenet (L, BE)  Cable & Satellite
1. Telenet (L, BE)   Cable & Satellite 89 46 29 n/a
2. Groupe Bruxelles Lambert (XL, BE)  Multi-Sector Holdings
2. Groupe Bruxelles Lambert (XL, BE)   Multi-Sector Holdings 88 81 100 n/a
3. Solvay (XXL, BE)  Diversified Chemicals
3. Solvay (XXL, BE)   Diversified Chemicals 86 77 86 n/a
4. Umicore (XXL, BE)  Specialty Chemicals
4. Umicore (XXL, BE)   Specialty Chemicals 75 63 100 n/a
5. Bekaert (XL, BE)  Steel
5. Bekaert (XL, BE)   Steel 71 64 72 n/a
6. Proximus (XL, BE)  Integrated Telecommunication
6. Proximus (XL, BE)   Integrated Telecommunication 70 70 68 n/a
7. ENGIE (XXL, FR)  Multi-Utilities
7. ENGIE (XXL, FR)   Multi-Utilities 65 79 70 n/a
8. Ageas (XXL, BE)  Multi-line Insurance
8. Ageas (XXL, BE)   Multi-line Insurance 64 82 100 n/a
9. Delhaize (XXL, BE)  Food Retail
9. Delhaize (XXL, BE)   Food Retail 63 60 67 n/a
10. Etablissementen Franz Colruyt (XL, BE)  Food Retail
10. Etablissementen Franz Colruyt (XL, BE)   Food Retail 60 38 67 n/a

March 27, 2015. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Groupe Bruxelles Lambert (XL, BE)  Multi-Sector Holdings
1. Groupe Bruxelles Lambert (XL, BE)   Multi-Sector Holdings 100 81 71 n/a
2. Ageas (XXL, BE)  Multi-line Insurance
2. Ageas (XXL, BE)   Multi-line Insurance 100 82 76 n/a
3. Umicore (XXL, BE)  Specialty Chemicals
3. Umicore (XXL, BE)   Specialty Chemicals 100 63 16 n/a
4. Anheuser-Busch InBev (XXL, BE)  Brewers
4. Anheuser-Busch InBev (XXL, BE)   Brewers 90 83 83 n/a
5. Solvay (XXL, BE)  Diversified Chemicals
5. Solvay (XXL, BE)   Diversified Chemicals 86 77 71 n/a
6. D'Ieteren (XL, BE)  Distributors
6. D'Ieteren (XL, BE)   Distributors 83 84 36 n/a
7. Bekaert (XL, BE)  Steel
7. Bekaert (XL, BE)   Steel 72 64 47 n/a
8. ENGIE (XXL, FR)  Multi-Utilities
8. ENGIE (XXL, FR)   Multi-Utilities 70 79 13 n/a
9. Proximus (XL, BE)  Integrated Telecommunication
9. Proximus (XL, BE)   Integrated Telecommunication 68 70 47 n/a
10. Delhaize (XXL, BE)  Food Retail
10. Delhaize (XXL, BE)   Food Retail 67 60 67 n/a

March 27, 2015. 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 Belgian 20 Index BEL20 from March 27, 2015.

Top 10 Stock History BEL20



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