Top 20 stocks lead revival, but with caveat

Original article by Jens Meyer
The Australian Financial Review – Page: 20 : 5-Dec-16

Blue chip stocks have been in favour with Australian investors in recent weeks, amid a trend to offload growth stocks. The 20 largest stocks in particular have generally performed well since the start of October 2016, and Macquarie Group expects this trend to be sustained into 2017. However, Tony Brennan of Citigroup cautions that blue chip stocks in some sectors may not perform as well as others.

CORPORATES
MACQUARIE GROUP LIMITED – ASX MQG, CITIGROUP PTY LTD, STANDARD AND POOR’S ASX 200 INDEX, VOCUS COMMUNICATIONS LIMITED – ASX VOC, BELLAMY’S AUSTRALIA LIMITED – ASX BAL, APP SECURITIES, QBE INSURANCE GROUP LIMITED – ASX QBE, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, TRANSURBAN GROUP LIMITED – ASX TCL, SCENTRE GROUP – ASX SCG, WOOLWORTHS LIMITED – ASX WOW, WESFARMERS LIMITED – ASX WES, TELSTRA CORPORATION LIMITED – ASX TLS

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