July 27, 2023
Snapshot Top 10: Toronto Stock Exchange Index TSX Composite



The Top 10 performing stocks in the Toronto Stock Exchange Index TSX Composite 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 Toronto Stock Exchange Index TSX Composite as of July 27, 2023.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Russel Metals (XL, CA)  Trading & Distribution
1. Russel Metals (XL, CA)   Trading & Distribution 100 93 93 98
2. Thomson Reuters (XL, US)  Research & Consulting
2. Thomson Reuters (XL, US)   Research & Consulting 100 78 67 62
3. Aecon (XL, CA)  Construction & Engineering
3. Aecon (XL, CA)   Construction & Engineering 100 100 50 20
4. Power (XXL, CA)  Life & Health Insurance
4. Power (XXL, CA)   Life & Health Insurance 98 94 72 94
5. Open Text (XL, CA)  Application Software
5. Open Text (XL, CA)   Application Software 98 98 98 90
6. IGM Financial (L, CA)  Asset Management & Custody
6. IGM Financial (L, CA)   Asset Management & Custody 96 91 56 81
7. Superior Plus (L, CA)  Gas Utilities
7. Superior Plus (L, CA)   Gas Utilities 96 88 94 96
8. B2Gold (L, CA)  Gold Production
8. B2Gold (L, CA)   Gold Production 96 70 63 94
9. Exchange Income (L, CA)  Airlines
9. Exchange Income (L, CA)   Airlines 96 70 91 100
10. Manulife (XXL, CA)  Life & Health Insurance
10. Manulife (XXL, CA)   Life & Health Insurance 96 98 91 94

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

July 27, 2023. Top 10s are published weekly following the . ( or for more stocks)


TSX Composite 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. Fairfax (XXL, CA)   Property & Casualty Insurance
1. Fairfax (XXL, CA)   Property & Casualty Insurance 100 96 96 98
2. Exchange Income (L, CA)   Airlines
2. Exchange Income (L, CA)   Airlines 100 70 91 98
3. Linamar (XL, CA)   Auto Parts & Equipment
3. Linamar (XL, CA)   Auto Parts & Equipment 100 89 100 63
4. Sun Life Financial (XXL, CA)   Life & Health Insurance
4. Sun Life Financial (XXL, CA)   Life & Health Insurance 100 36 21 96
5. Parex Resources (L, CA)   Oil & Gas Production
5. Parex Resources (L, CA)   Oil & Gas Production 100 92 100 82
6. Toronto Dominion Bank (XXL, CA)   Diversified Banks
6. Toronto Dominion Bank (XXL, CA)   Diversified Banks 100 34 86 94
7. Celestica (XL, CA)   Electr. Manufacturing Services
7. Celestica (XL, CA)   Electr. Manufacturing Services 98 95 98 85
8. Russel Metals (XL, CA)   Trading & Distribution
8. Russel Metals (XL, CA)   Trading & Distribution 98 93 93 74
9. Hydro One (XL, CA)   Electric Utilities
9. Hydro One (XL, CA)   Electric Utilities 97 37 85 79
10. Rogers Communications (XL, CA)   Wireless Telecommunication
10. Rogers Communications (XL, CA)   Wireless Telecommunication 96 58 83 100

July 27, 2023. Top 10s are published weekly following the . ( or for more stocks)


TSX Composite Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Rogers Communications (XL, CA)   Wireless Telecommunication
1. Rogers Communications (XL, CA)   Wireless Telecommunication 100 58 83 96
2. B2Gold (L, CA)   Gold Production
2. B2Gold (L, CA)   Gold Production 100 70 63 94
3. BRP (XL, CA)   Leisure Products
3. BRP (XL, CA)   Leisure Products 100 43 12 52
4. TransAlta (L, CA)   Power Producers & Traders
4. TransAlta (L, CA)   Power Producers & Traders 100 35 21 55
5. Martinrea (L, CA)   Auto Parts & Equipment
5. Martinrea (L, CA)   Auto Parts & Equipment 99 99 85 94
6. Spin Master (L, CA)   Leisure Products
6. Spin Master (L, CA)   Leisure Products 99 61 63 86
7. CCL (XL, CA)   Metal & Glass Containers
7. CCL (XL, CA)   Metal & Glass Containers 98 46 62 84
8. Fairfax (XXL, CA)   Property & Casualty Insurance
8. Fairfax (XXL, CA)   Property & Casualty Insurance 98 96 96 100
9. Exchange Income (L, CA)   Airlines
9. Exchange Income (L, CA)   Airlines 98 70 91 100
10. Stantec (L, CA)   Construction & Engineering
10. Stantec (L, CA)   Construction & Engineering 98 52 44 69

July 27, 2023. Top 10s are published weekly following the . ( or for more stocks)


TSX Composite Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Converge Technology (L, CA)   IT Consulting & oth. Services
1. Converge Technology (L, CA)   IT Consulting & oth. Services 100 3 32 70
2. Bausch Health Companies (XL, CA)   Pharmaceuticals
2. Bausch Health Companies (XL, CA)   Pharmaceuticals 100 35 39 14
3. Canaccord Genuity (L, CA)   Investment Banking & Brokerage
3. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 100 25 91 88
4. Aecon (XL, CA)   Construction & Engineering
4. Aecon (XL, CA)   Construction & Engineering 100 43 50 20
5. Corus (L, CA)   Broadcasting
5. Corus (L, CA)   Broadcasting 100 5 20 23
6. Algonquin Power & Utilities. (L, CA)   Multi-Utilities
6. Algonquin Power & Utilities. (L, CA)   Multi-Utilities 100 11 52 26
7. CI Financial (L, CA)   Asset Management & Custody
7. CI Financial (L, CA)   Asset Management & Custody 100 45 80 86
8. Canadian Western Bank (XXL, CA)   Regional Banks
8. Canadian Western Bank (XXL, CA)   Regional Banks 100 95 84 94
9. Martinrea (L, CA)   Auto Parts & Equipment
9. Martinrea (L, CA)   Auto Parts & Equipment 99 89 85 94
10. ATCO (XL, CA)   Multi-Utilities
10. ATCO (XL, CA)   Multi-Utilities 99 23 95 91

July 27, 2023. Top 10s are published weekly following the . ( or for more stocks)


TSX Composite Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Bank of Montreal (XXL, CA)   Diversified Banks
1. Bank of Montreal (XXL, CA)   Diversified Banks 100 57 85 91
2. HudBay (L, CA)   Diversified Metals & Mining
2. HudBay (L, CA)   Diversified Metals & Mining 100 92 90 86
3. Quebecor (XL, CA)   Cable & Satellite
3. Quebecor (XL, CA)   Cable & Satellite 99 26 37 65
4. Rogers Communications (XL, CA)   Wireless Telecommunication
4. Rogers Communications (XL, CA)   Wireless Telecommunication 97 58 83 96
5. Eldorado (L, CA)   Gold Production
5. Eldorado (L, CA)   Gold Production 97 40 67 45
6. Superior Plus (L, CA)   Gas Utilities
6. Superior Plus (L, CA)   Gas Utilities 97 88 94 96
7. Toronto Dominion Bank (XXL, CA)   Diversified Banks
7. Toronto Dominion Bank (XXL, CA)   Diversified Banks 97 34 86 100
8. Boyd Group Income Fund (L, CA)   Diversified Support Services
8. Boyd Group Income Fund (L, CA)   Diversified Support Services 97 34 35 40
9. National Bank of Canada (XXL, CA)   Diversified Banks
9. National Bank of Canada (XXL, CA)   Diversified Banks 97 23 73 81
10. Fairfax (XXL, CA)   Property & Casualty Insurance
10. Fairfax (XXL, CA)   Property & Casualty Insurance 95 96 96 100

July 27, 2023. Top 10s are published weekly following the . ( or for more stocks)


TSX Composite Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Winpak (L, CA)  Metal & Glass Containers
1. Winpak (L, CA)   Metal & Glass Containers 100 34 90 92
2. Manulife (XXL, CA)  Life & Health Insurance
2. Manulife (XXL, CA)   Life & Health Insurance 100 98 91 94
3. Canfor (XL, CA)  Forest Products
3. Canfor (XL, CA)   Forest Products 100 28 69 71
4. Parex Resources (L, CA)  Oil & Gas Production
4. Parex Resources (L, CA)   Oil & Gas Production 99 92 100 100
5. Linamar (XL, CA)  Auto Parts & Equipment
5. Linamar (XL, CA)   Auto Parts & Equipment 98 89 100 100
6. Centerra (L, CA) ☀  Gold Production
6. Centerra (L, CA) ☀   Gold Production 98 96 100 82
7. Keyera (XL, CA)  Oil & Gas Transportation
7. Keyera (XL, CA)   Oil & Gas Transportation 98 59 84 70
8. West Fraser (XL, CA) ☀  Forest Products
8. West Fraser (XL, CA) ☀   Forest Products 97 40 86 92
9. Imperial (XXL, CA)  Oil & Gas Integrated
9. Imperial (XXL, CA)   Oil & Gas Integrated 96 66 76 65
10. Franco Nevada (L, CA)  Gold Production
10. Franco Nevada (L, CA)   Gold Production 95 4 78 71

July 27, 2023. Top 10s are published weekly following the . ( or for more stocks)


TSX Composite Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Linamar (XL, CA)  Auto Parts & Equipment
1. Linamar (XL, CA)   Auto Parts & Equipment 100 89 75 100
2. Parex Resources (L, CA)  Oil & Gas Production
2. Parex Resources (L, CA)   Oil & Gas Production 100 92 81 100
3. Centerra (L, CA) ☀  Gold Production
3. Centerra (L, CA) ☀   Gold Production 100 96 55 82
4. Celestica (XL, CA)  Electr. Manufacturing Services
4. Celestica (XL, CA)   Electr. Manufacturing Services 98 95 59 98
5. Cascades (XL, CA)  Paper Packaging
5. Cascades (XL, CA)   Paper Packaging 98 98 95 82
6. Open Text (XL, CA)  Application Software
6. Open Text (XL, CA)   Application Software 98 98 71 90
7. Fairfax (XXL, CA)  Property & Casualty Insurance
7. Fairfax (XXL, CA)   Property & Casualty Insurance 96 96 95 100
8. ATCO (XL, CA)  Multi-Utilities
8. ATCO (XL, CA)   Multi-Utilities 95 99 23 91
9. Superior Plus (L, CA)  Gas Utilities
9. Superior Plus (L, CA)   Gas Utilities 94 88 97 96
10. IAMGOLD (L, CA) ☀  Gold Production
10. IAMGOLD (L, CA) ☀   Gold Production 94 56 91 57

July 27, 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 Toronto Stock Exchange Index TSX Composite from July 27, 2023.

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