Coles Group (COL) $12.60
COL has started trading as a separate company following the demerger from Wesfarmers. Valuations look attractive, trading at an earnings discount to Woolworths at the current share price. COL has options to potentially increase sales, including through store refurbishments and supply chain investment. The petrol division may be assisted by lower petrol prices driving increased sales. COL displays defensive earnings through consumer staples.