Stock Watch 2 August 2010

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

1. BP – Buying ahead of the new cap being fitted at the end of last week.
2. Afren – Buying ahead of drilling results, also Share Centre pick of the week.
3. Barclays – Investors buying ahead of the banking stress test results.
4. Petro Matad – Investors still buying after last weeks monumental increases.
5. Lloyds Banking Group – Investors buying ahead of the banking stress test results.


The Share Centre’s top 5 shares to follow:

1. Alliance Trust Lower Risk – Defensive qualities with global exposure.
2. Glaxo Lower Risk – Recently fined over 2 billion, this has been factored into the share price and should not be an issue any longer.
3. Barclays Medium Risk – Passed stress tests and our favourite in the sector.
4. Royal Dutch Shell ‘B’ Medium Risk – Alternative to BP, paying an attractive dividend.
5. Spirent Higher Risk – Telecom company worth a closer look.

Ratio of buys to sells: 58:42%


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


1. Xstrata
2. Thomson Reuters
3. DSG International
4. Legal and General
5. Debenhams


The Share Centre’s Share of the Week
Company:
Medusa Mining    Share price: 231p    Sector: Mining
Recommendation:    Buy
Risk category:    High
Investment class:    Growth
Opinion:
As with all mining groups there are risks such as geological, extreme weather and political. The latter appears to be more stable of late, but investors need to be made aware of the risks when investing in emerging economies. 

Medusa’s recent concentration on development of its mine appears now to be paying dividends, as seen by its increase in forecast production. This is a higher risk investment geared to the gold price. Mining is a volatile sector and on the back of a recent rise in the share price, longer term investors may wish to drip feed into the stock.

Please note the share trades on the AIM market and cannot be put into an ISA. However, the company is set to move to a full listing probably by August.


THIS DATA IS PROVIDED BY SHERIDAN ADMANS, 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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2010-07-28 10:26:57 © Moneyextra.com