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
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