Peter Quinton’s top ten picks for 2017

In the report below, Head of Research Services, Peter Quinton, lists his top ten preferred stocks for calendar year 2017, with a brief synopsis on each one. Financials are well represented and Macquarie makes the list, with Peter describing it as “A global investment bank which is now facing a better operating environment for the overall financial services industry.” On Challenger, he comments that: “As baby boomers move into retirement and take a more conservative approach to retirement investing, annuities should grow rapidly. See which bank he includes on the basis that it has a: “Modest profit growth over the next two years but an attractive fully franked dividend yield of 5.4% in fiscal 2017.” Click below for the full listing of Peter Quinton’s top ten picks.