September 1, 2017
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 September 1, 2017.

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.

September 1, 2017. 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

September 1, 2017. 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

September 1, 2017. 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. Solvay (XXL, BE)   Diversified Chemicals
1. Solvay (XXL, BE)   Diversified Chemicals 97 56 78 n/a
2. D'Ieteren (XL, BE)   Distributors
2. D'Ieteren (XL, BE)   Distributors 94 78 94 n/a
3. Bekaert (XL, BE)   Steel
3. Bekaert (XL, BE)   Steel 93 33 82 n/a
4. ENGIE (XXL, FR)   Multi-Utilities
4. ENGIE (XXL, FR)   Multi-Utilities 78 15 45 n/a
5. Proximus (XL, BE)   Integrated Telecommunication
5. Proximus (XL, BE)   Integrated Telecommunication 68 20 67 n/a
6. Ageas (XXL, BE)   Multi-line Insurance
6. Ageas (XXL, BE)   Multi-line Insurance 68 18 16 n/a
7. bpost (XL, BE)   Air Freight & Logistics
7. bpost (XL, BE)   Air Freight & Logistics 64 4 13 n/a
8. Umicore (XXL, BE)   Specialty Chemicals
8. Umicore (XXL, BE)   Specialty Chemicals 62 78 78 n/a
9. Anheuser-Busch InBev (XXL, BE)   Brewers
9. Anheuser-Busch InBev (XXL, BE)   Brewers 56 79 33 n/a

September 1, 2017. 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. KBC (XXL, BE)   Diversified Banks
1. KBC (XXL, BE)   Diversified Banks 91 26 17 n/a
2. Anheuser-Busch InBev (XXL, BE)   Brewers
2. Anheuser-Busch InBev (XXL, BE)   Brewers 79 56 33 n/a
3. D'Ieteren (XL, BE)   Distributors
3. D'Ieteren (XL, BE)   Distributors 78 94 94 n/a
4. Umicore (XXL, BE)   Specialty Chemicals
4. Umicore (XXL, BE)   Specialty Chemicals 78 62 78 n/a
5. Telenet (L, BE)   Cable & Satellite
5. Telenet (L, BE)   Cable & Satellite 68 11 12 n/a
6. Solvay (XXL, BE)   Diversified Chemicals
6. Solvay (XXL, BE)   Diversified Chemicals 56 97 78 n/a

September 1, 2017. 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. Bekaert (XL, BE)  Steel
1. Bekaert (XL, BE)   Steel 85 93 82 n/a
2. KBC (XXL, BE)  Diversified Banks
2. KBC (XXL, BE)   Diversified Banks 83 26 17 n/a
3. Proximus (XL, BE)  Integrated Telecommunication
3. Proximus (XL, BE)   Integrated Telecommunication 77 68 67 n/a
4. ENGIE (XXL, FR)  Multi-Utilities
4. ENGIE (XXL, FR)   Multi-Utilities 77 78 45 n/a
5. Solvay (XXL, BE)  Diversified Chemicals
5. Solvay (XXL, BE)   Diversified Chemicals 60 97 78 n/a
6. D'Ieteren (XL, BE)  Distributors
6. D'Ieteren (XL, BE)   Distributors 59 94 94 n/a
7. Umicore (XXL, BE)  Specialty Chemicals
7. Umicore (XXL, BE)   Specialty Chemicals 58 62 78 n/a

September 1, 2017. 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. D'Ieteren (XL, BE)  Distributors
1. D'Ieteren (XL, BE)   Distributors 94 94 78 n/a
2. Bekaert (XL, BE)  Steel
2. Bekaert (XL, BE)   Steel 82 93 33 n/a
3. Solvay (XXL, BE)  Diversified Chemicals
3. Solvay (XXL, BE)   Diversified Chemicals 78 97 56 n/a
4. Umicore (XXL, BE)  Specialty Chemicals
4. Umicore (XXL, BE)   Specialty Chemicals 78 62 78 n/a
5. Proximus (XL, BE)  Integrated Telecommunication
5. Proximus (XL, BE)   Integrated Telecommunication 67 68 20 n/a

September 1, 2017. 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 September 1, 2017.

Top 10 Stock History BEL20



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