‘The Best of the Rest’

With the big 4 banks coming under further pressure due to the Hayne Royal Commission, and the potential of trade wars weighing heavily on the larger mining stocks, we are looking to identify great areas for growth going forward outside of these areas. We see the below stocks as great potential for growth in the upcoming reporting season. The stocks in this report all sit outside of the top 20 stocks on the ASX.

iInvest Securities Monthly ‘Best of the Rest’ report highlights high-quality large capitalisation Australian and New Zealand companies, which are currently trading at discounts to our assessed fair values. The ideas, chosen from our coverage universe of about 220 companies, are intended to have broad application in a variety of equity strategies, but individuals should consider their personal investment goals and positioning before investing. We provide brief descriptions of each top pick in this report and encourage investors to read our most recent stock reports for a more detailed appraisal.

This month we have 9 companies in our ‘Best of the Rest’ report. Since last month, we have added Vanguard High Yield Fund, Challenger Limited, Netwealth Group and Sonic Healthcare to the list. We have removed Domino’s Pizza, Invocare, MYOB, Ramsay Health Care and Telstra from the list.

In alphabetical order, our ‘Best of the Rest’ report comprises: Aveo Group; Banks of Queensland; Brambles; Challenger Limited; G8 Education; Netwealth Group; QBE Insurance Group; Sonic Healthcare and Vanguard High Yield Fund. We discuss each stock within the report.

The Best of The Rest - August 2018