Stock Watch, 2 Nov 09

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

1. RBS - Investors continue to buy despite concerns within banking sector.
2. Barclays – Recent weakness attracts investors hoping for a short term bounce
3. Lloyds Banking Group – Continued buying despite concerns of a possible rights issue.
4. Tesco – Defensive attractions as markets become more volatile
5. Xstrata – Recent fall in mining sector attracts short term buyers hoping for a bounce.



The Share Centre’s top 5 shares to follow:

1. Tesco Lower Risk – Long term growth potential from international operations.
2. GlaxoSmithKline Lower Risk – Pharmaceutical giant looks worth tucking away.
3.  Prudential Medium Risk – Operations in Asia add significantly to groups attractions.
4. Carillion Medium Risk – Moving to become a support service provider with chance of re-rating.
5. Modern Water Higher Risk – Demand for clean water set to rise.

Ratio of buys to sells = 60:40 %


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


1. Barclays
2. Standard Life
3. Friends Provident
4. Opsec Security
5. Legal and General


The Share Centre’s Share of the Week 04/11/09
Company: Croda   
Share price: 762.00p   
Sector: Chemicals
Recommendation:    Buy
Risk category:    Medium
Investment class: Growth

Opinion:
A well diversified company that his benefitted from the weak pound, cost cutting and falling raw material prices. There is also a defensive element to the business as highlighted by a comment from the CEO: “we appeal to two things that will never go away, vanity and ageing.”

The latest update was well received by analysts and the company are confident of making further progress into 2010.


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

2009-11-04 14:01:07 © Moneyextra.com