Stock Watch 1 March 2010

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

1. Lloyds Banking Group – Buying after results released last week.
2. Desire Petroleum – Rig has now reached the Falkland isles and investors hoping for a find.
3. RBS – Once again buying hoping for volatility as results are released.
4. Rockhopper Exploration – Also has exposure to the Falkland isles, hope that at least one company may find oil.
5. Barclays – Return to dividends has seen investors seek an investment.



The Share Centre’s top 5 shares to follow:

1. Tesco lower Risk – International operations and lead position in the UK should continue to reward investors.
2. Reckitt Benckiser Lower Risk Good results show stable growth, still further opportunities for investors to benefit from.
3. Aviva Medium Risk Reasonable income, coupled with good growth potential.
4. Centrica Medium Risk – Good results see an upgrade to a buy at the Share Centre.
5. Churchill Mining Higher Risk – Impressive trading statement, still one to tuck away.


Ratio of buys to sells = 62:38%

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


1. Barclays
2. Royal Bank of Scotland
3. Lloyds
4. Banco Santander
5. Debenhams

The Share Centre’s Share of the Week
Company: Serco    Share price: 525p    Sector: Support services
Recommendation:    Buy
Risk category:    Medium
Investment class:    Growth
Opinion:

Serco has a spread of interests, which include running the Docklands Light Railway, transporting prisoners and maintaining defence establishments and schools. They have a success rate on bidding for contracts of around one in every two. They also have a 90% rate of retention of contracts they re-bid for. Serco’s global activity gives the company a good level of diversity.

The latest update predicted further progress to be made in 2010 as pressure on the economy boosts demand for Serco’s services.

Through the recession Serco has remained fairly resilient. In these nervous times it is reassuring that Serco are still able to win a significant number of contracts, a trend that we believe will continue. The shares are on a high rating but remain a core holding for a growth portfolio.



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.



 
 

Moneyextra.com recommends you take independent financial advice before acting on any article

2010-03-02 16:07:25 © Moneyextra.com