November 2, 2023
Snapshot Top 10: PSI-20 Index



The Top 10 performing stocks in the PSI-20 Index 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 PSI-20 Index as of November 2, 2023.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Altri (L, PT)  Paper Products
1. Altri (L, PT)   Paper Products 98 30 4 14
2. Navigator Company (L, PT)  Paper Products
2. Navigator Company (L, PT)   Paper Products 94 20 8 16
3. Sonae (XL, PT)  Food Retail
3. Sonae (XL, PT)   Food Retail 92 94 98 96
4. Ibersol (M, PT)  Restaurants
4. Ibersol (M, PT)   Restaurants 86 72 67 81
5. NOS (L, PT)  Integrated Telecommunication
5. NOS (L, PT)   Integrated Telecommunication 84 26 4 22
6. Jeronimo Martins (XXL, PT) ☀  Food Retail
6. Jeronimo Martins (XXL, PT) ☀   Food Retail 74 20 24 55
7. REN (L, PT)  Multi-Utilities
7. REN (L, PT)   Multi-Utilities 74 42 14 34
8. EDP (XXL, PT)  Electric Utilities
8. EDP (XXL, PT)   Electric Utilities 62 38 22 44
9. Mota-Engil (L, PT)  Construction & Engineering
9. Mota-Engil (L, PT)   Construction & Engineering 59 19 20 46
10. CTT - Correios (L, PT)  Air Freight & Logistics
10. CTT - Correios (L, PT)   Air Freight & Logistics 51 28 40 28

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

November 2, 2023. Top 10s are published weekly following the . ( or for more stocks)


PSI 20 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. Sonae (XL, PT)   Food Retail
1. Sonae (XL, PT)   Food Retail 96 94 98 86
2. Ibersol (M, PT)   Restaurants
2. Ibersol (M, PT)   Restaurants 81 72 67 82
3. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated
3. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated 69 23 63 77
4. Jeronimo Martins (XXL, PT) ☀   Food Retail
4. Jeronimo Martins (XXL, PT) ☀   Food Retail 55 20 24 78
5. Amorim (L, PT)   Metal & Glass Containers
5. Amorim (L, PT)   Metal & Glass Containers 46 14 32 74
6. Mota-Engil (L, PT)   Construction & Engineering
6. Mota-Engil (L, PT)   Construction & Engineering 46 19 20 71
7. EDP (XXL, PT)   Electric Utilities
7. EDP (XXL, PT)   Electric Utilities 44 38 22 84
8. REN (L, PT)   Multi-Utilities
8. REN (L, PT)   Multi-Utilities 34 42 14 72
9. Banco Comercial Portugues (XXL, PT)   Diversified Banks
9. Banco Comercial Portugues (XXL, PT)   Diversified Banks 30 42 36 43
10. CTT - Correios (L, PT)   Air Freight & Logistics
10. CTT - Correios (L, PT)   Air Freight & Logistics 28 28 40 30

November 2, 2023. Top 10s are published weekly following the . ( or for more stocks)


PSI 20 Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Sonae (XL, PT)   Food Retail
1. Sonae (XL, PT)   Food Retail 86 94 98 96
2. EDP (XXL, PT)   Electric Utilities
2. EDP (XXL, PT)   Electric Utilities 84 38 22 44
3. Ibersol (M, PT)   Restaurants
3. Ibersol (M, PT)   Restaurants 82 72 67 81
4. Jeronimo Martins (XXL, PT) ☀   Food Retail
4. Jeronimo Martins (XXL, PT) ☀   Food Retail 78 20 24 55
5. NOS (L, PT)   Integrated Telecommunication
5. NOS (L, PT)   Integrated Telecommunication 78 26 4 22
6. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated
6. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated 77 23 63 69
7. Amorim (L, PT)   Metal & Glass Containers
7. Amorim (L, PT)   Metal & Glass Containers 74 14 32 46
8. REN (L, PT)   Multi-Utilities
8. REN (L, PT)   Multi-Utilities 72 42 14 34
9. Mota-Engil (L, PT)   Construction & Engineering
9. Mota-Engil (L, PT)   Construction & Engineering 71 19 20 46
10. Altri (L, PT)   Paper Products
10. Altri (L, PT)   Paper Products 50 30 4 14

November 2, 2023. Top 10s are published weekly following the . ( or for more stocks)


PSI 20 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Sonae (XL, PT)   Food Retail
1. Sonae (XL, PT)   Food Retail 94 89 98 96
2. Ibersol (M, PT)   Restaurants
2. Ibersol (M, PT)   Restaurants 72 13 67 81
3. Banco Comercial Portugues (XXL, PT)   Diversified Banks
3. Banco Comercial Portugues (XXL, PT)   Diversified Banks 42 42 36 30
4. REN (L, PT)   Multi-Utilities
4. REN (L, PT)   Multi-Utilities 42 49 14 34
5. EDP (XXL, PT)   Electric Utilities
5. EDP (XXL, PT)   Electric Utilities 38 59 22 44
6. Altri (L, PT)   Paper Products
6. Altri (L, PT)   Paper Products 30 9 4 14
7. CTT - Correios (L, PT)   Air Freight & Logistics
7. CTT - Correios (L, PT)   Air Freight & Logistics 28 87 40 28
8. NOS (L, PT)   Integrated Telecommunication
8. NOS (L, PT)   Integrated Telecommunication 26 37 4 22

November 2, 2023. Top 10s are published weekly following the . ( or for more stocks)


PSI 20 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Mota-Engil (L, PT)   Construction & Engineering
1. Mota-Engil (L, PT)   Construction & Engineering 95 19 20 46
2. Sonae (XL, PT)   Food Retail
2. Sonae (XL, PT)   Food Retail 89 94 98 96
3. CTT - Correios (L, PT)   Air Freight & Logistics
3. CTT - Correios (L, PT)   Air Freight & Logistics 87 28 40 28
4. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated
4. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated 85 23 63 69
5. Jeronimo Martins (XXL, PT) ☀   Food Retail
5. Jeronimo Martins (XXL, PT) ☀   Food Retail 71 20 24 55
6. EDP (XXL, PT)   Electric Utilities
6. EDP (XXL, PT)   Electric Utilities 59 38 22 44
7. EDP Renovaveis (L, ES)   Renewable Electricity
7. EDP Renovaveis (L, ES)   Renewable Electricity 51 14 34 26
8. REN (L, PT)   Multi-Utilities
8. REN (L, PT)   Multi-Utilities 49 42 14 34
9. Banco Comercial Portugues (XXL, PT)   Diversified Banks
9. Banco Comercial Portugues (XXL, PT)   Diversified Banks 42 42 36 30
10. NOS (L, PT)   Integrated Telecommunication
10. NOS (L, PT)   Integrated Telecommunication 37 26 4 22

November 2, 2023. Top 10s are published weekly following the . ( or for more stocks)


PSI 20 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Ibersol (M, PT)  Restaurants
1. Ibersol (M, PT)   Restaurants 90 72 67 81
2. Amorim (L, PT)  Metal & Glass Containers
2. Amorim (L, PT)   Metal & Glass Containers 82 14 32 46
3. EDP Renovaveis (L, ES)  Renewable Electricity
3. EDP Renovaveis (L, ES)   Renewable Electricity 56 14 34 26
4. Galp Energia (XXL, PT) ☀  Oil & Gas Integrated
4. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated 50 23 63 69
5. Banco Comercial Portugues (XXL, PT)  Diversified Banks
5. Banco Comercial Portugues (XXL, PT)   Diversified Banks 43 42 36 30
6. Navigator Company (L, PT)  Paper Products
6. Navigator Company (L, PT)   Paper Products 40 20 8 16
7. Jeronimo Martins (XXL, PT) ☀  Food Retail
7. Jeronimo Martins (XXL, PT) ☀   Food Retail 28 20 24 55
8. Altri (L, PT)  Paper Products
8. Altri (L, PT)   Paper Products 26 30 4 14

November 2, 2023. Top 10s are published weekly following the . ( or for more stocks)


PSI 20 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Sonae (XL, PT)  Food Retail
1. Sonae (XL, PT)   Food Retail 98 94 89 96
2. Ibersol (M, PT)  Restaurants
2. Ibersol (M, PT)   Restaurants 67 72 13 81
3. Galp Energia (XXL, PT) ☀  Oil & Gas Integrated
3. Galp Energia (XXL, PT) ☀   Oil & Gas Integrated 63 23 85 69
4. CTT - Correios (L, PT)  Air Freight & Logistics
4. CTT - Correios (L, PT)   Air Freight & Logistics 40 28 87 28
5. Banco Comercial Portugues (XXL, PT)  Diversified Banks
5. Banco Comercial Portugues (XXL, PT)   Diversified Banks 36 42 42 30
6. EDP Renovaveis (L, ES)  Renewable Electricity
6. EDP Renovaveis (L, ES)   Renewable Electricity 34 14 51 26
7. Amorim (L, PT)  Metal & Glass Containers
7. Amorim (L, PT)   Metal & Glass Containers 32 14 33 46

November 2, 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 PSI-20 Index from November 2, 2023.

Today's Top 10
More Top Stocks
Your Watchlist

Top 10 Stock History PSI 20



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.