A new financial year offers forward-thinking investors the opportunity to size up what businesses have the best chance of out-performing the market in the years ahead. Moreover, one of the keys to successful investing is having a good balance of growth and income stocks and the five businesses below provide some of that diversity.
Westfield Corporation Ltd (ASX: WFD) designs and operates shopping centres so large they deserve their own postcode. The group is set to open the doors to its flagship Westfield World Trade Centre development in New York this financial year and selling for $9.23 offers an attractive mix of value, income and growth.
REA Group Limited (ASX: REA) is another stock that offers exposure to the two most potent asset classes known to mankind – stocks and property. The business has a long-term plan to build a global online real estate advertising empire and I wouldn't bet against it. A recent market update saw the stock sold off and it looks attractive at $39.28.
Magellan Financial Group Ltd (ASX: MFG) is a founder-driven fund manager that ticks the boxes as an investment opportunity. The business has a long growth runway, huge markets to tap into and a rock-solid handle on its own development as a business. Selling for $17.90 this business looks good value in my opinion and will likely outperform in financial year 2016.
Telstra Corporation Ltd (ASX: TLS) is another business that should provide a solid total return to investors in the years ahead. In a digital sweet spot it still operates the dominant mobile network in Australia and is investing for growth in Asia. It is also developing a market-leading position in electronic healthcare management systems. Selling for $6.13 the stocks offers a fully franked yield of 4.8%.
Freedom Foods Group Ltd (ASX: FNP) is a gluten and allergy free branded foodstuff business with several tailwinds and large global markets to grow into. China and the US are two target markets for its branded health food products and sales have been on a steady upward trajectory. The share price has followed, up nearly 1,000% over the past five years and the business retains a promising outlook in my opinion.
There are two more companies that could demolish the returns of any of the above in the years ahead. Want to know what they are? Then just enter your email below for a completely FREE report all about them…
