Ones to Buy
Cookson
The industrial ceramics manufacturer's share price has been hit hard recently by ghosts of downturns past. However, the company has changed in recent years and seems well positioned to continue growing its global customer base. Buy, suggests the Mail on Sunday.
Premier Farnell
Electronic component supplier Premier Farnell has just released better-than-expected results. City brokers were delighted - buy now, recommends The Independent.
Salamander Energy
South-east Asian specialist oil company Salamander Energy has just completed a useful acquisition, has a stable source of income and is currently trading at a discount to its peers. Buy, says the Mail on Sunday.
Imperial Tobacco
The tobacco giant's share price is down 15% on the year at present - but this seems too much. A good place to take refuge, says The Telegraph.
IQE
Whatever else may be entering a downturn, it's not the defence industry. IQE has just confirmed a new deal with US company TriQuint, which supplies communications equipment to the US armed forces. Buy, says The Independent..
Ones to Avoid
HR Owen
Prestige car dealership HR Owen is likely to suffer from the city downturn and the consequent reduction in bonus sizes. Sell, recommends The Independent.
easyJet
High fuel prices and more general gloomy sentiment has knocked easyJet's share price for six. Although most of the negativity is priced in for now, both The Times and The Telegraph recommend steering clear for the foreseeable future. |
