Ticker: SPK The telco. No growth, but a fortress balance sheet. Retirees love Spark because the dividend yield (usually 6-7%) is better than a term deposit. It’s the utility of the digital age.
But if you want , inflation protection , and a portfolio that doesn't give you a heart attack, build your core around the NZX Mag. nzx mag
Wait for a pullback. Fletcher Building is volatile; buy it when the news is terrible. Buy Mainfreight when the shipping rates drop. The Final Verdict Forget trying to find the next Nvidia on the NZX. It doesn't exist here. Ticker: SPK The telco
Start with EBOS and Meridian. Add Mainfreight on a dip. Top up with Spark for the income. It’s the utility of the digital age
But here in Aotearoa, we have our own power list. I’m calling it the .
If you follow global markets, you’ve heard of the Magnificent Seven : Apple, Microsoft, Nvidia, and the rest of the US tech titans pulling the S&P 500 to new highs.
While we don’t have AI chip makers, we do have an oligopoly of essential industries. These seven companies dominate the NZX 50, offering a mix of , commodity pricing power , and defensive earnings .