Top 10 NZX Picks

[Scrunch]

Assuming the reason behind 10 stocks is some diversification a pair of stocks that closely represent the same industry is a bad idea. For example if you have a big nz listed bank in the portfolio, choose either ANZ or WBC as one of the 10. They typically have very similar movements as they are influenced by the same factors.

[thestg]

First are the 8 I am holding:
IFT
MEL
MPG
OCA
SCL
SUM
THL
TIL
And the last 2 which I am not holding at the moment
AIR
HLG
I am looking to add HLG soon closer to div time & am always considering AIR.

[artemis]

My Risk Fairy is chewing my ear so I might just have to do this. With 10 companies I can ride some turbulence.

I would go with PIL. Launching Arthrem in Oz (1 state only to start) and Artevite for dogs in NZ, both this month. They have been successful in NZ with Arthrem, due to heavy advertising with sales exceeding costs. They will almost certainly do the same in Oz, where they have received the official OK to make medical claims (not allowed in NZ). Shares cheap at the mo.

[Antipodean]

In no particular order...

HBL
RBD
AIR
MCY
HLG
SUM
SCL
THL
PGW
NTL

7 of which I hold

[couta1]

Other than SUM which is a long term hold, any solid stock which pays a good dividend I will hatch and dispatch in good numbers and currently that means, Mcy/Mel/Cnu/Spk.

[minimoke]

Well, Babymonster. You are first cab off the rank spending someone elses money.
I've gone expensive to start with.

FRE, bought at $7.78. PE: 20.06 Div yield: 3.52%

If Jacinda think she can do a fast rail from Tauranga to Auckland for $20m rail is stuffed and trucks are the future.

[minimoke]

Just a wee update. You folks can still spend someone else's money - just not yet. I've decided to hold off until after the coalition agreement has been agreed. I'm banking on some market nervousness next week to drop prices .

In the meantime I'm enjoying my Freightways dividend and price only dropped back to $7.76.

I have a few more targets in ind and will update when the BUY button is hit.

[Lewylewylewy]

Shame you didn't go with my picks, you would have made big on at least a few... Not dumb holding off though.

That said, I can see SUM going to near 5.5 soonish.

[princesssmartypants]

In rough order of size, I hold:
VGL
MET
NZR
SYFT (unlisted)
OCA
SAN
CBL
ABA
TRA
BLT

[minimoke]

Shame you didn't go with my picks, you would have made big on at least a few... Not dumb holding off though.

That said, I can see SUM going to near 5.5 soonish.

I'm in no particular hurry and not too worried about a bit of a potential lost opportunity over the next few weeks. I figure that what ever I go with will make up for any short term loss over the long term. (got my eyes on SUM!)