Posted on 29 July 2009
The following shares are recommended buys i have researched from the past week from major brokers and publications. My findings are below:
BUY
NetPlay TV (NFDS) - This company is a TV gaming company which has recently got an investment of £12.8m from a private firm and have also has one a major contract. This company has a great future ahead of it. This one is one to buy and keep hold for a while. Gambling is very popular at the moment during the recession. Source: “Shares”
Price - 27p
52 wk high – 29p – 52 wk low – 14p
Domino’s Pizza (DOM) – Fast food chain Domino’s Pizza have had 35% increase in profits from the 6 months leading up to june 2009 as more people dine in at home. It current has a P/E of 16. Source – “The Daily Telegraph”
Price – 235P
52 wk high – 251p – 52 wk low – 156p
Electrocomponents (ECM) – This company supplies essential parts to engineers around the world. The business has stabilised recently and is pretty solid with a yield of 7%. Source: “The Sunday Telegraph”
Price – 144.50
52 wk high – 192p – 52 wk low – 113p
Stock Market For Beginners
Posted on 15 June 2009
The Daily Telegraph have rated BAE Systems a buy. BAE are Europes largest defence group, developing electronics and avionics for war planes, manufactures ammunition and builds submarines and tanks for the armed forces.
BAE has missed out on the “dash to trash” and its shares now hang at their three year lows. This is now making this stock a great entry point for investors. The reason why now is a good time to enter this stock is because last month they reported they had won over £1bn of new contracts relating to the Typhoon and Harrier fighter jet programmes. Their order book is £46.5bn so this will add to their most substantial order book.
BAE also has cutting edge technology that will enable them to take advantage of the shift towards covert combat tactics against any terrorists or rogue states.
In 2008 they generated £1.6bn in operating cash flows on a turnover of £18.5bn. They ended the year with positive net funds, providing plently of money to buy up acquisitions. The stock looks cheap for a company that is a major top player in the science field. Top analysts are forecasting 2009 sales and underlying EPS (earnings per share) of £20.5bn and 24.3p, rising to £21.8bn and 45.0p in 2010.
Recommedation: BUY @ 323P
Stock Market For Beginners