iInvest Trading & Advisory Top Stock Picks | September 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 Top Stock Picks list. Since last month, we have added Folkestone Education trust and removed Crown Resorts from our list. We are removing Crown Resorts from the Best Ideas list as the stock is trading near our fair value estimate due to a recent share price rally. Nonetheless, we continue to view Crown Resorts as a unique company offering defensive earnings quality (via its two dominant Australian casinos, in particular Melbourne) along with long-term attractive growth options via its 27.4% stake in Melco Crown Entertainment in Macau, as well as new casinos earmarked to be built in Sydney and Las Vegas.

Download the Top Stock Picks report for September 2016 here