magazine archive
magazine archive
Great Ideas
Access the best UK growth companies in one go at a 16% discount
Thursday 12 Oct 2023If there is one thing investors can agree on, it is that the UK stock market is cheap. How cheap depends on who you ask, but the strategy team at Morgan Stanley believe the FTSE 100 is trading at a 35% discount to the MSCI World Index on a PE (price to earnings) basis. If inflation pressures...
Volution’s bumper results reward our faith in the business
Thursday 12 Oct 2023Volution ( FAN ) 370p Loss to date: 4.5% We made the argument in July that ventilation products manufacturer Volution ( FAN ) warranted a valuation in line with other high-quality industrial names, saying to buy at 387.6p. Volution makes everything from air ducts, extractor fans and heat exchangers...
Why now is great time to buy exposure to biotechnology
Thursday 05 Oct 2023The biotechnology sector should be a major beneficiary of an ageing world population and strained government health budgets as companies develop new drugs to treat chronic diseases. After underperforming the major indices since the end of the pandemic, the NBI (Nasdaq Biotechnology Index) offers...
Succession fears are overblown at Kainos: pick up the shares now
Thursday 05 Oct 2023Belfast-based digital services business Kainos ( KNOS ) has high-quality metrics in spades, and Shares believes the stock offers long-term upside. In its most recent financial year (to March 2023), the company demonstrated return on capital employed, operating margins and return on equity of more...
Cut losses on XP Power after profit warning and suspension of dividends
Thursday 05 Oct 2023XP Power ( XPP ) £11.20 Loss to date: 52.6% We flagged power switching and electronic controls specialist XP Power ( XPP ) at the start of the year, believing a 2022 sell-off had created a good entry opportunity into a high-quality business which had been too harshly punished for a stretched...
Continued recovery in travel is coming through in SSP’s results
Thursday 28 Sep 2023SSP ( SSPG ) 203.7p Loss to date: 23.4% We initially recommended shares in travel retail firm SSP ( SSPG ) back in May as a way to play the rebound in travel both in the UK and around the world as businesses and consumers returned to their pre-pandemic routines. We argued that, at half their price...
Leading US animal health firm Zoetis has a long growth runway
Thursday 28 Sep 2023Since being spun out of pharmaceutical giant Pfizer (PFE:NYSE) a decade ago shares in leading animal health company Zoetis (ZTS:NYSE) have gone up more than five-fold. UK peer Dechra Pharmaceuticals ( DPH ) has delivered shareholders a similar return over the same period but is leaving the UK stock...
Time to buy Auction Technology for your growth portfolio
Thursday 21 Sep 2023Analysts believe there is substantial share price upside on the cards at Auction Technology ( ATG ) , the digital auction marketplace that is primed to post its first full year of profitable growth for the 12 months to 30 September 2023. Consensus forecasts may have been trimmed this year, largely...
Stick with Pendragon following pivot to becoming a tech stock
Thursday 21 Sep 2023Pendragon ( PDG ) 23.65p Gain to date: 46% We highlighted automotive retailer Pendragon’s ( PDG ) deep value appeal at 16.2p on 30 March 2023 with the shares weak after shareholder Hedin withdrew a takeover offer. We acknowledged the business faced near-term economic headwinds, but argued the...
Why the future looks brighter for Associated British Foods
Thursday 21 Sep 2023Investors have not missed the boat with Associated British Foods ( ABF ) despite a 30% year-to-date share price rally. The diversified food, ingredients and retail conglomerate is churning out good news and we see further upside for the shares. A broad-based growth business returning capital to...