Why our large cap stock of the week is Suncorp (ASX:SUN).

Our large cap stock this week is Sun­corp Group Lim­it­ed (ASX:SUN), the Queens­land-based finan­cial ser­vices con­glom­er­ate. It cur­rent­ly has a QAV Score of 0.18 and an ADT (aver­age dai­ly turnover) of $33,428,000. 

The rea­sons they scored high­ly include:

• Chart is show­ing a new three-point uptrend. 
• PE ratio is the low­est it has been in three years.
• Div­i­dend Yield is high­er than the bank rate 

Our rec­om­men­da­tions are based on the share price as of the date of the down­load. If the share price changes, this will affect the QAV score and its rank­ing on our buy list, so please take price changes into account before mak­ing any invest­ing deci­sions.

Please also note that this isn’t per­son­al finan­cial advice and you should con­sult a finan­cial plan­ner before mak­ing any invest­ment deci­sions.

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