UK Stocks and Share tips
Top
of the Tips: Share Recommendations 5/1/2007
Buy
Reuters
The
well-known news organisation has had something of a bumpy
ride over the last few years, but in July this year, Reuters
raised their dividend for the first time in five years.
This
piece of good news was rapidly followed by another, as in
October Reuter's Chief Executive Tom Glocer revealed increased
revenue forecasts on the strength of a strong Q3 trading
statement.
Reuters
look to be back on an even keel and are investing and reorganising
for the future. Now should be a good time to buy for the
long term.
Buy,
says The Telegraph.
Sell
Cookson
Sometimes
it makes sense to sell your shares in a successful, growing
company, despite the temptations of rising dividends and
strong prospects.
Cookson
is one of those cases. 2006 has seen the engineering firm
stage a wholesale recovery, with shares up 50 per cent on
the year.
Cookson's
Chief Executive Nick Salmon seems to have done all the right
things, paring back non-core and unprofitable areas of activity
and focusing the company on its most profitable strengths.
Salmon
has also managed to deal with the pension deficit and debts
that were blighting the company's balance sheets, and dividends
have been reintroduced and are slowly climbing again.
However,
if you have enjoyed the ride over the last year, now is
a good time to lock in some profits on Cookson – although
the year ahead may produce some continued modest gains,
they may not be worth risking this year's stellar growth.
Sell,
says The Telegraph.
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