Buy Hold Sell: The 5 best performing 'blue chips'
Given all the negativity around the companies at the big end of the market, investors could be forgiven for thinking there’s been nothing positive in this space. It may surprise you to learn then, that the top five stocks amongst the ASX 20 produced an average return of 28.6% in FY16. Those five stocks were; Scentre Group (+36.8%), Transurban (+34.3%), CSL (+31.72%), Westfield (+20.6%), and Brambles (+19.6%). Many of these names are now trading at high multiples, supported by the low interest rate environment. But can the momentum continue? Matthew Kidman from Centennial Funds hosts Ben Rundle from NAOS Asset Management and Ben Clark from TMS Capital as they discuss the outlook for the best performing big caps.
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