Stock Watch 08 June 2010

The Share Centre’s top 5 customer buys from the last 7 days

1. BP – Weakness continues to attract new investment.
2. Rockhopper Exploration – Investors still punting on Rockhopper, conformation of oil find currently stands at 242 million barrels.
3. Barclays – Volatility attracting investors.
4. Lloyds Banking – Still finding new investors as well as traders.
5. Desire Petroleum – Investors gambling on similar success to Rockhopper.


The Share Centre’s top 5 shares to follow:

1. Tesco Lower Risk – Could benefit from consumers stocking up for the World Cup.
2. Compass Lower Risk – Business that keeps on generating a good return for investors.
3. Premier Oil Medium Risk – Good level of new wells being drilled price could fluctuate.
4. Shire Pharmaceuticals Medium risk – Good alternative to Glaxo or Astra in the sector.
5. HMV Higher Risk – Recent price weakness increases attraction.

Ratio of buys to sells = 61:39


Top 5 most searched for companies on www.share.com


1. Opsec Security
2. Barclays
3. DSG International
4. Legal & General
5. Debenhams


The Share Centre’s Share of the Week

Company: Premier Oil     Share price 1141.00p    Sector: Oil and Gas producers
Recommendation:    Buy
Risk category:    Medium
Investment class:    Growth
Opinion:
The latest results were viewed as being solid and there are 12 new wells in Asia and the North Sea to be tested this year
Good news on the Catcher site will hopefully lead to more of the same in the coming months.
We have not changed our opinion on Premier Oil and would still recommend as a buy as there is still plenty of potential to be had here







THIS DATA IS PROVIDED BY GRAHAM SPOONER, INVESTMENT ADVISER AT THE SHARE CENTRE. THIS IS NOT INTENDED TO CONSTITUTE AN OFFER OR AGREEMENT TO BUY OR SELL INVESTMENTS.
 

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2010-06-09 11:19:26 © Moneyextra.com