Stock Watch 21 September 2010

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

1. Lloyds Banking Group – New rulings on capital levels last week helped push prices higher.
2. Gulf Keystone – Drilling results due imminently, investors gambling on good results.
3. BP – Getting ever closer to the final ‘kill’ on the Gulf of Mexico well.
4. Desire Petroleum – Punting on positive news from the Falkland Isles.
5. Barclays – Weakness deems to be an opportunity for investors.

The Share Centre’s top 5 shares to follow:

1. Glaxosmithkline Lower Risk – Good yield and issues with US resolved.
2. Tesco Lower Risk – Buy ahead of Christmas trading.
3. Essar Energy Medium Risk – Worth buying into for exposure to India.
4. Experian Medium Risk – Global presence make it an attractive pick for a portfolio.
5. Spirent Higher Risk – Telecom testing company with bags of potential.

Ratio of buys to sells = 55:45 %

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


1. ROK
2. Barclays
3. Caledon Resources
4. Banco Santander
5. Legal & General


The Share Centre’s Share of the Week
Company: Spirent    Share price: 138.40p    Sector: Technology hardware equipment
Recommendation:    Buy
Risk category:    Medium
Investment class:    Growth
Opinion:
The world of technology is ever changing and Spirent is at the forefront of testing and developing new technology in the evolutionary environment of telecoms. Spirent is a global leader in test and measurement, inspiring innovation within development labs, communication networks and IT organisations. One of Spirent’s divisions, The Systems Group develops power control systems for electrical vehicles in the mobility and industrial markets.

Spirent have recently reported impressive results and are on target to meet and possibly exceed expectations for 2010.  The dividend is being increased at a healthy rate but is still not significant enough to attract income seekers. However for us it is the growth potential that is attractive.  Demand from the fixed-line telecom sector has been weaker but this has been more than offset by increasing demand in the mobile market. During the first quarter of the year order in take rose by 12% and the overall order book remained steady.

Cash balances within the company are an impressive 183 million;  With the cash the company is embarking on a share buy back scheme; this was re-commenced at the latter end of 2009 and has continued in earnest during 2010 helping to add stability and to help push the share price higher.

Buy for expectations of further growth.


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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2010-09-22 11:37:42 © Moneyextra.com