Stock Watch 25 May 2010

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

1. Barclays – Weakness has attracted new investment.
2. Rockhopper Exploration – Investors still punting on Rockhopper, conformation of the quality of find should be released soon.
3. Lloyds Banking Group – As shares fall close to 50 pence investors continue to buy.
4. Vodafone – Shares fall close to and below 130 pence, good entry level it seems.
5. BP – Price weakness continues and investors buying for the long-term.


The Share Centre’s top 5 shares to follow:

1. Alliance Trust Lower Risk – Global exposure easily achieved with this investment trust.
2. Reckitt Benckiser Lower Risk – Recent weakness could provide a nice entry level for investors.
3. British Land Medium Risk – Results issued recently shows that improvements in both NAV and rentals are occurring.
4. Man Group Medium Risk – Share price has suffered in these volatile markets, could provide an opportunity though.
5. JD Sports Higher Risk – Buy ahead of the World Cup, sales should improve


Ratio of buys to sells = 62:38


Top 5 most searched for companies on the share centre


1. Barclays
2. DSG International
3. Ospec security
4. Taylor Wimpey
5. Debenhams


The Share Centre’s Share of the Week
Company: British Land    Share price 423.80p    Sector: Real Estate
Recommendation:    Buy
Risk category:    Medium
Investment class:    Balanced

Opinion:
British Land has a sizeable exposure to commercial office space and in the present climate it seems that the 10% increase in portfolio value in 2006 will be the last upwards revision of this size for some time.

A Singaporean fund, taking a long term view, has built up a 4% stake.

British Land’s portfolio consists of 43% retail warehouses/food super stores and 31% central London offices; both areas’ are seeing reasonable growth at the moment.

Full year results were released mid May and despite the volatility markets have been subjected to the property market has shown signs of improving. British Land lifted its NAV by 27% to 504 pence and profits were also significantly higher than the previous year.

Confidence is such at British Land that they have committed £475 million to its first Central London projects for some time.

The dividend is stable and well over 6%, hence we are keeping our buy recommendation as this should suit both income and growth seekers.


THIS DATA IS PROVIDED BY NICK RAYNOR, 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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2010-05-25 16:15:22 © Moneyextra.com