August 31, 2023
Snapshot Top 10: Johannesburg Securities Exchange All Shares Index JSE All Shares



The Top 10 performing stocks in the Johannesburg Securities Exchange All Shares Index JSE All Shares 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 Johannesburg Securities Exchange All Shares Index JSE All Shares as of August 31, 2023.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Sasol (XXL, ZA)  Diversified Chemicals
1. Sasol (XXL, ZA)   Diversified Chemicals 100 100 64 60
2. Transaction Capital (L, ZA)  Consumer Finance
2. Transaction Capital (L, ZA)   Consumer Finance 100 100 74 55
3. Murray & Roberts (L, ZA)  Construction & Engineering
3. Murray & Roberts (L, ZA)   Construction & Engineering 100 100 81 54
4. Omnia (L, ZA)  Diversified Chemicals
4. Omnia (L, ZA)   Diversified Chemicals 98 97 88 62
5. Truworths International (L, ZA) ☀  Apparel Retail
5. Truworths International (L, ZA) ☀   Apparel Retail 98 67 55 49
6. AVI (L, ZA)  Packaged Foods & Meats
6. AVI (L, ZA)   Packaged Foods & Meats 98 58 62 64
7. Exxaro (L, ZA)  Coal & Consumable Fuels
7. Exxaro (L, ZA)   Coal & Consumable Fuels 98 81 81 92
8. Netcare (L, ZA)  Health Care Facilities
8. Netcare (L, ZA)   Health Care Facilities 98 96 32 39
9. African Rainbow Minerals (L, ZA)  Diversified Metals & Mining
9. African Rainbow Minerals (L, ZA)   Diversified Metals & Mining 96 77 92 85
10. Motus Holdings (XL, ZA)  Automotive Retail
10. Motus Holdings (XL, ZA)   Automotive Retail 96 100 98 84

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

August 31, 2023. Top 10s are published weekly following the . ( or for more stocks)


JSE All Shares 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. MMI (XL, ZA)   Life & Health Insurance
1. MMI (XL, ZA)   Life & Health Insurance 100 94 96 97
2. Super (L, ZA)   Automotive Retail
2. Super (L, ZA)   Automotive Retail 98 93 96 77
3. Naspers (XL, ZA)   Internet Retail
3. Naspers (XL, ZA)   Internet Retail 96 28 85 92
4. Discovery (XL, ZA)   Life & Health Insurance
4. Discovery (XL, ZA)   Life & Health Insurance 92 50 88 69
5. Exxaro (L, ZA)   Coal & Consumable Fuels
5. Exxaro (L, ZA)   Coal & Consumable Fuels 92 81 81 81
6. Standard Bank (XXL, ZA)   Diversified Banks
6. Standard Bank (XXL, ZA)   Diversified Banks 89 77 81 81
7. Thungela Resources (L, ZA)   Coal & Consumable Fuels
7. Thungela Resources (L, ZA)   Coal & Consumable Fuels 85 85 94 39
8. African Rainbow Minerals (L, ZA)   Diversified Metals & Mining
8. African Rainbow Minerals (L, ZA)   Diversified Metals & Mining 85 77 92 57
9. Motus Holdings (XL, ZA)   Automotive Retail
9. Motus Holdings (XL, ZA)   Automotive Retail 84 100 98 39
10. AECI (L, ZA)   Specialty Chemicals
10. AECI (L, ZA)   Specialty Chemicals 80 99 85 80

August 31, 2023. Top 10s are published weekly following the . ( or for more stocks)


JSE All Shares Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. MMI (XL, ZA)   Life & Health Insurance
1. MMI (XL, ZA)   Life & Health Insurance 97 94 96 100
2. Naspers (XL, ZA)   Internet Retail
2. Naspers (XL, ZA)   Internet Retail 92 28 85 96
3. Textainer (L, BM)   Trading & Distribution
3. Textainer (L, BM)   Trading & Distribution 85 89 38 61
4. Rand Merchant (L, ZA) ☀   Life & Health Insurance
4. Rand Merchant (L, ZA) ☀   Life & Health Insurance 85 59 85 72
5. Standard Bank (XXL, ZA)   Diversified Banks
5. Standard Bank (XXL, ZA)   Diversified Banks 81 77 81 89
6. Exxaro (L, ZA)   Coal & Consumable Fuels
6. Exxaro (L, ZA)   Coal & Consumable Fuels 81 81 81 92
7. AECI (L, ZA)   Specialty Chemicals
7. AECI (L, ZA)   Specialty Chemicals 80 99 85 80
8. Life Healthcare Group (L, ZA)   Health Care Facilities
8. Life Healthcare Group (L, ZA)   Health Care Facilities 78 88 40 53
9. Super (L, ZA)   Automotive Retail
9. Super (L, ZA)   Automotive Retail 77 93 96 98
10. Shoprite (XL, ZA)   Food Retail
10. Shoprite (XL, ZA)   Food Retail 77 41 49 72

August 31, 2023. Top 10s are published weekly following the . ( or for more stocks)


JSE All Shares Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Motus Holdings (XL, ZA)   Automotive Retail
1. Motus Holdings (XL, ZA)   Automotive Retail 100 17 98 84
2. Sasol (XXL, ZA)   Diversified Chemicals
2. Sasol (XXL, ZA)   Diversified Chemicals 100 17 64 60
3. Transaction Capital (L, ZA)   Consumer Finance
3. Transaction Capital (L, ZA)   Consumer Finance 100 35 74 55
4. Murray & Roberts (L, ZA)   Construction & Engineering
4. Murray & Roberts (L, ZA)   Construction & Engineering 100 19 81 54
5. AECI (L, ZA)   Specialty Chemicals
5. AECI (L, ZA)   Specialty Chemicals 99 31 85 80
6. Sappi (XL, ZA)   Paper Products
6. Sappi (XL, ZA)   Paper Products 99 25 72 67
7. KAP Industrial (L, ZA)   Industrial Conglomerates
7. KAP Industrial (L, ZA)   Industrial Conglomerates 99 7 58 40
8. Omnia (L, ZA)   Diversified Chemicals
8. Omnia (L, ZA)   Diversified Chemicals 97 21 88 62
9. Spar (XL, ZA) ☀   Food Distributors
9. Spar (XL, ZA) ☀   Food Distributors 97 7 28 14
10. Netcare (L, ZA)   Health Care Facilities
10. Netcare (L, ZA)   Health Care Facilities 96 29 32 39

August 31, 2023. Top 10s are published weekly following the . ( or for more stocks)


JSE All Shares Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Harmony (L, ZA) ☀   Gold Production
1. Harmony (L, ZA) ☀   Gold Production 97 65 92 74
2. Woolworths Holdings (XL, ZA)   Department Stores
2. Woolworths Holdings (XL, ZA)   Department Stores 93 49 66 41
3. Naspers (XL, ZA)   Internet Retail
3. Naspers (XL, ZA)   Internet Retail 91 28 85 96
4. Distell (L, ZA)   Distillers & Vintners
4. Distell (L, ZA)   Distillers & Vintners 87 39 63 30
5. Old Mutual (XXL, GB)   Life & Health Insurance
5. Old Mutual (XXL, GB)   Life & Health Insurance 80 59 19 79
6. Discovery (XL, ZA)   Life & Health Insurance
6. Discovery (XL, ZA)   Life & Health Insurance 79 50 88 92
7. Standard Bank (XXL, ZA)   Diversified Banks
7. Standard Bank (XXL, ZA)   Diversified Banks 75 77 81 89
8. Bid (XL, ZA)   Food Distributors
8. Bid (XL, ZA)   Food Distributors 73 65 88 71
9. Shoprite (XL, ZA)   Food Retail
9. Shoprite (XL, ZA)   Food Retail 71 41 49 72
10. Gold Fields (XL, ZA) ☀   Gold Production
10. Gold Fields (XL, ZA) ☀   Gold Production 69 27 23 36

August 31, 2023. Top 10s are published weekly following the . ( or for more stocks)


JSE All Shares Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Thungela Resources (L, ZA)  Coal & Consumable Fuels
1. Thungela Resources (L, ZA)   Coal & Consumable Fuels 98 85 94 85
2. Impala Platinum (XL, ZA)  Precious Metals & Minerals
2. Impala Platinum (XL, ZA)   Precious Metals & Minerals 98 83 85 60
3. Rand Merchant (L, ZA) ☀  Life & Health Insurance
3. Rand Merchant (L, ZA) ☀   Life & Health Insurance 98 59 85 72
4. Motus Holdings (XL, ZA)  Automotive Retail
4. Motus Holdings (XL, ZA)   Automotive Retail 98 100 98 84
5. Astral Foods (L, ZA)  Packaged Foods & Meats
5. Astral Foods (L, ZA)   Packaged Foods & Meats 98 84 79 60
6. Tiger Brands (L, ZA)  Packaged Foods & Meats
6. Tiger Brands (L, ZA)   Packaged Foods & Meats 98 82 94 79
7. African Rainbow Minerals (L, ZA)  Diversified Metals & Mining
7. African Rainbow Minerals (L, ZA)   Diversified Metals & Mining 94 77 92 85
8. Royal Bafokeng Platinum (L, ZA)  Precious Metals & Minerals
8. Royal Bafokeng Platinum (L, ZA)   Precious Metals & Minerals 92 21 32 21
9. Anglo American Platinum (XXL, ZA)  Precious Metals & Minerals
9. Anglo American Platinum (XXL, ZA)   Precious Metals & Minerals 89 47 45 38
10. Discovery (XL, ZA)  Life & Health Insurance
10. Discovery (XL, ZA)   Life & Health Insurance 88 50 88 92

August 31, 2023. Top 10s are published weekly following the . ( or for more stocks)


JSE All Shares Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Motus Holdings (XL, ZA)  Automotive Retail
1. Motus Holdings (XL, ZA)   Automotive Retail 98 100 17 84
2. MMI (XL, ZA)  Life & Health Insurance
2. MMI (XL, ZA)   Life & Health Insurance 96 94 33 100
3. Super (L, ZA)  Automotive Retail
3. Super (L, ZA)   Automotive Retail 96 93 61 98
4. Thungela Resources (L, ZA)  Coal & Consumable Fuels
4. Thungela Resources (L, ZA)   Coal & Consumable Fuels 94 85 43 85
5. Tiger Brands (L, ZA)  Packaged Foods & Meats
5. Tiger Brands (L, ZA)   Packaged Foods & Meats 94 82 45 79
6. African Rainbow Minerals (L, ZA)  Diversified Metals & Mining
6. African Rainbow Minerals (L, ZA)   Diversified Metals & Mining 92 77 31 85
7. Harmony (L, ZA) ☀  Gold Production
7. Harmony (L, ZA) ☀   Gold Production 92 65 97 74
8. Santam (L, ZA)  Property & Casualty Insurance
8. Santam (L, ZA)   Property & Casualty Insurance 90 58 55 59
9. Omnia (L, ZA)  Diversified Chemicals
9. Omnia (L, ZA)   Diversified Chemicals 88 97 21 62
10. Discovery (XL, ZA)  Life & Health Insurance
10. Discovery (XL, ZA)   Life & Health Insurance 88 50 79 92

August 31, 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 Johannesburg Securities Exchange All Shares Index JSE All Shares from August 31, 2023.

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