Stock Watch

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

1. BP – Investors buying after weaker figures sent share price lower.
2. Lloyds Banking – Weak markets due to concerns over Europe bring out opportunistic buyers.
3. Barclays – Barclays has large exposure to Spain and rising concerns over its economy weakens Barclays and brings in speculators.
4. RBS – Price falls close to 30 pence and gamblers are taking a punt once more on a recovery.
5. Xstrata – Miners suffer weakness also, investors take a punt on Xstrata ahead of results out on the 8 February.

The Share Centre’s top 5 shares to follow:

1. GlaxoSmithKline Lower Risk – Recent results from AstraZeneca only add credence that Glaxo is the better of the two.
2. Tesco Lower Risk Solid post Christmas trading update highlighted strength of company
3. Aviva Medium Risk – Recent results see us up our opinion to ‘buy’.
4. BG Medium Risk – Results released recently convince us that any weakness should be seen as a buying opportunity.
5. JD Sports Higher Risk – Buy ahead of the World Cup in the summer.

Ratio of buys to sells = 64:36


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


1. Barclays
2. Opec Security
3. DSG International
4. Debenhams
5. Legal & General


The Share Centre’s Share of the Week 08/02/10
Company: BG Group    Share price: 1112.5    Sector: Oil & Gas Producers
Recommendation:    Buy
Risk category:    Medium
Investment class:    Growth

Opinion:

Recent analyst reports suggest that the group’s assets in Australia and Brazil could be undervalued. Considered in combination with its established operations in North Africa and the North Sea as well as its US interest and you have a group with long term attractions.

As expected when BG released its Q4 figures they were poor. Revenues fell nearly 10% and earnings dropped nearly 40% to £456 million. Average gas prices have fallen 39%; this offset a rise in the average price of a barrel of oil. Production has increased to well over 1 million barrels per day of oil and gas.

BG is still a buy. With gas at these low prices it is only a matter of time before we believe that prices will improve as demand for cleaner sources of energy increases.




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.

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

2010-02-10 10:57:14 © Moneyextra.com