Seven top 100 stocks for August

Approaching reporting season, we expect the focus to shift from macro issues and return to earnings. The breadth of analysis downgrades has been quite alarming and we err on the side of caution. FY15 will be unspectacular so the key for us is how companies are viewing FY16. Stock-specific opportunities will be the key driver of upside surprise and we remind investors of the strong performance of the Morgans Model Portfolios and High Conviction Lists. These prove that strong returns can still be achieved in a subdued equities environment through highly selective stock picking and without investors needing to take on excessive levels of risk. Our high conviction picks are companies we believe will outperform the market based on short to medium-term catalysts. We have made one change to our list, removing Federation Centres (FDC) given the lack of near term catalysts. Here are our seven top 100 stocks for August: (VIEW LINK)