Old UK Stocks and Share tips
Top
of the Tips: Share Recommendations at 22th November 2006
Buy
BT
With
a dividend of 4.8% forecast for this year, and its Chairman
Christopher Bland promising that BT will continue to give
two-thirds of its profits to shareholders, BT shares offer
a good income.
Buy
says The Telegraph.
Punch
Taverns
While
the market was sceptical about Punch's £2.7bn acquisition
of the Spirit Group of pubs last year, it seems to have
worked out well. Punch Taverns remains a well-run and cash-generating
business with good prospects.
Buy
says The Times.
Hold
XP
Power
XP Power
have forecast strong results for this year and next year,
with profits of £9.1m (2006) and £11m (2007)
forecast. However, despite the continuing success of their
US and European operations, their UK business has suffered
from weak trading recently. Currently trading at 11 times
forward earnings and a forecast 4% yield.
Hold
says The Independent.
Sell
CSR
This
wireless technology company claim to be innovating well-enough
to maintain a strong market position, but their research
spend is lower than that of their competitors, leading to
doubts as to their long-term strength.
The
Telegraph say sell before it's too late.
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