Should you buy these 5 top ASX stocks?

Peet Limited (ASX:PPC) and QBE Insurance Group Ltd (ASX:QBE) should be in your portfolio!

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Top 5

Professional sharemarket analysts have an interesting job; they spend all day reading press releases, analysing company financial data, collating sales information, and investigating the themes that are likely to shape the investing landscape over the short, medium, and long terms.

They spend their days talking, researching and living the sharemarket and therefore have an insight into company quality and future performance that average investors simply don’t have time to acquire.

I attempt to keep abreast of the latest broker recommendations as a method of either validating my own research or identifying companies that are a little out of favour and present a turnaround opportunity.

Here are 5 companies that analysts love, and one that our own Motley Fool team thinks is even better!

TV company Nine Entertainment Co Holdings Ltd (ASX: NEC)

Gold miner Beadell Resources Ltd (ASX: BDR)

Cloud application and data centre service provider Nextdc Ltd (ASX: NXT)

Property developer Peet Limited (ASX: PPC)

Global insurance company QBE Insurance Group Ltd (ASX: QBE)

Should you buy them?

With the exception of gold miner Beadell Resources, all of the companies above have had an excellent start to 2015 and returned investors over 10%. Analysts are essentially aligned in their belief that these are five of the best buys on the ASX, however after such a good start to 2015 more and more investors are aware of the prospect of a near-term correction!

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of January 12th 2022

Motley Fool contributor Andrew Mudie owns shares of QBE Insurance Group Ltd. You can find Andrew on Twitter @andrewmudie.

The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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