Top Australian Stocks
Top Australian Stocks
Top Australian Stocks have resulted in favourable valuations for many growth stocks, making them well-positioned to deliver substantial returns. The Australian economy has also proven to be relatively insulated from global trade tensions, increasing the appeal of local companies.
Term deposit rates and bonds are looking increasingly unattractive, with yields close to inflation (so minimal ‘real returns’). Meanwhile, equities offer the potential for 4-5% p/a or more. However, investors need to consider the level of risk and their own personal circumstances when deciding whether it’s appropriate for them.
Top Australian Stocks to Watch This Year
While interest rates are low, dividends are still a reliable source of income. With a handful of Australian companies generating high dividends, there’s plenty of opportunity to diversify a portfolio with low-risk income streams.
Amid rising interest in regenerative medicine, biotech firms like Mesoblast are gaining attention for their innovative solutions. The company’s latest update piqued the interest of investors and secured a significant contract with a pharmaceutical giant.
Health insurer Medibank has rebounded quickly from its cyber hack last year, with Net Promoter Scores recovering and policy holders still growing. Combined with a clean balance sheet and the ability to pass on costs, it’s one of Australia’s best-positioned businesses.
Resource companies are enjoying a resurgence, with majors re-rating following the recent price rally. Locksley Resources has benefited from this re-rating after identifying several strong mineralised zones across its Tottenham project, with follow-up drilling expected to result in the defining of a maiden resource estimate next year.