ICTOP10 returns after a brief break, with NCB Financial, dropping to a multi-year low of $29 during the past week but closed the period down 7 percent to $31.5, but, Margaritaville fell 20 percent in the Main Market ICTOP10, while Kintyre Holdings dropped 21 percent to 23 cents and Consolidated Bakeries fell 20 percent to $1.25 in the Junior Market ICTOP10.
The Junior Market ICTOP10 AMG Packaging climbed 15 percent to $2.58, with Dolla Financial rising 6 percent to $2.69, followed by Jetcon Corporation, with a fall of 19 percent down to $1.70 and Elite Diagnostic with a loss of 11 percent to end at $1.35.
The Main Market listed 138 Student Living rose 10 percent to $4, Margarittaville dropped 20 percent to $10.22 and QWI Investments dipped 6 percent to 73 cents.
AMG Packaging and Jetcon Corporation dropped out of the Junior Market ICITOP10, with Access Financial and Caribbean Cream replacing them. There were no changes to the Main Market ICTOP 10 nor the All JSE Markets ICTOP10.
The average PE for the JSE Main Market ICTOP 10 is 5.6, well below the market average of 13.6 and shows 15 stocks, with the highest values accounting for 29 percent of the market, with PE ratios of 15 to 43. The average PE for the market is 24 and 20 for the half with the highest values.
The Junior Market TOP10 stands at 4.6, well below half the market’s average of 13.8, with 20 stocks representing 42 percent of the market having PEs ranging from 15 to 42, with an average of 22 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment of companies in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks will likely deliver the best returns on or around May 2026 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Earning revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.