iInvest Trading & Advisory Top Stock Picks | August 2016

iInvest Trading & Advisory Monthly Top Stock Picks highlights high-quality large capitalisation Australian and New Zealand companies, which are currently trading at significant 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 best idea in this report and also encourage investors to read our most recent stock reports for a more detailed appraisal.

This month we have 13 companies in our Best Stock Ideas list. Since last month, we have added Iluka Resources and Woodside Petroleum. We removed Goodman Group from our list. Goodman Group’s removal from the Best Stock Ideas list predominantly reflects strong market price appreciation, with Goodman securities rising 29% over the past 10 months. We continue to view the firm as having solid growth prospects underpinned by a growing fund management platform and increased global diversification.

Download the Top Stock Picks report for August 2016 here