Ignore the index and focus on these five quality value stocks instead

Ignore the index and focus on these five quality value stocks instead. The Australian stock market has gone nowhere since September last year; it's a classic sideways market that resulted after it moved above fair value in early 2013. Unlike 2012 - the last time the market showed value - today there are no easy gains. The only way to generate good returns - 10 per cent over a period of time -- is to focus on absolute returns: buying individual stocks that exhibit quality and that are offered in value. Here are five quality stocks to consider in coming months. But look for a margin of safety: Woolworths (WOW); ANZ (ANZ); CSL (CSL); BHP Billiton (BHP); and Adelaide Brighton (ABC). (VIEW LINK)