The Share Centre’s top 5 customer buys from the last 7 days
1. RBS – Further buying ahead of banking results being released soon
2. Lloyds Banking – Reports that a conservative government would look to sell off bank stakes sooner.
3. Barclays – Continues to power on ahead, positive sentiment in sector the main driver.
4. Xstrata – Fluctuating prices in miners sees traders buying.
5. Tesco – Good results encourage further buying.
The Share Centre’s top 5 shares to follow:
1. Tesco Lower Risk – Last weeks results confirm Tesco’s dominance and profitability.
2. Alliance Trust Lower Risk - Investment trust with global exposure.
3. Aviva Medium Risk – Preferred play within the insurance sector.
4. Cairn Energy Medium Risk – Drilling commencing soon in Greenland waters.
5. Sports Fashion Higher Risk – World Cup approaching should give a boost to shirt sales
Ratio of buys to sells = 69:31%
Top 5 most searched for companies on www.share.com
1. Barclays
2. RBS
3. AstraZeneca
4. Banco Santander
5. Opsec security
The Share Centre’s Share of the Week
Company: JD Sports Fashion Share price:785.00p Sector: General Retail
Recommendation: Buy
Risk category: Higher
Investment class: Growth
Opinion:
JD Sports Fashion JD has undergone a transformation, moving away from its traditional sports retail sales towards its fashion side of the business. You can see why, when its margins in this division stand at approximately 45%.
JD completed several takeovers during 2009. They may not be significant but more names associated within the sports industry are now under JD’s wing, such as Canterbury and Kooga
The sports division remains integral at the moment and recent performance would underline this; performance compared to its rivals JJB and Sports Direct puts JD in a stronger position.
JD has said that they will continue to seek acquisitions, especially to bolster its presence overseas, whilst improving the performance of the company.
The group expect the World Cup and its themed clothing to drive sales this summer, especially if England have a good run
The latest figures were good, but did report that recent sales growth had eased back to 2 pct. After a slow start the share price is up around 23 pct since our initial recommendation, one analyst has raised the target price to 900p, describing the group as a “well managed, cash generative, growing company in a niche area, that is trading on a discount to the sector average”
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
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