Top ASX Stocks for 2019

After a dismal end to 2018, we start 2019 with a renewed hope. However, I cannot tell you if 2019 with be positive or negative, but I can tell you that over the long term average gains are around 10%, so its worth taking the risk.

There a number of great companies on the ASX right now that represent excellent value for long term investors, these are 3 of our top picks:

1.Collins Foods (ASX:CKF) has seen strong growth on the back of KFC store acquisitions and the introduction of Taco Bell into the Australian market. This growth is likely to continue, along with this, a dividend increase this year.

2.The outlook for Qantas (ASX:QAN) appears strong, with total revenue on the increase, as forward bookings rise by 8%, and with the lower cost of oil, 2019 should see strong returns for the airline.

3.ResMed (ASX:RMD) is the leading business in the treatment of sleep apnea. The business has opportunities to expand into the Chinese market, and is also moving into the digital health market via acquisitions and partnering with Google’s healthcare arm.

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