The Share Centre’s top 5 customer buys from the last 7 days:
1. Lloyds Banking Group – Buying ahead of figures that are due later this week
2. Barclays – Solid results has boosted long term confidence in the group
3. RBS – Investors continue to be attracted to the sector
4. BP – Investors still buying after weakness brought about by poorer results
5. Desire – Drilling rig has arrived in the Falklands and will start testing for oil soon
The Share Centre’s top 5 shares to follow:
1. Tesco lower Risk – International operations and lead position in the UK should continue to reward investors
2. Reckitt Benckiser Lower Risk Good results show stable growth, still further opportunities for investors to benefit from
3. Croda Medium Risk Speciality chemical group, reported another impressive set of figures this week
4. Vodafone Medium Risk – Defensive attractions and high yield
5. Greggs Higher Risk – Large presence on High Street, worth having a nibble at
Ratio of buys to sells = 61:39
Top 5 most searched for companies on www.share.com
1. Barclays
2. Opsec Security
3. Debenhams
4. DSG International
5. Legal & General
The Share Centre’s Share of the Week
Company: Arm Holdings Share price: 205.7 Sector: Tech Hardware Equipment
Recommendation: Buy
Risk category: Medium
Investment class: Growth
Opinion:
Arm makes a return to the FTSE 100 after many years. Arm designs microchips for 98% of the world’s mobile phones, including Apple’s iPhone. Arm is not yet sure if its technology has been used in Apple’s new iPad, but it should find out when the device goes on sale in March. We believe analysts’ expectations have not yet factored in this potential this could have for Arm.
Arm Holdings returned to the FTSE 100 on Monday 15 February, securing Cadbury’s old spot after it was taken over by Kraft. The Group’s share price experienced a terrific run in the lead up to its entrance on the main market, but we now expect it to experience some weakness as FTSE 250 tracker funds sell out of the stock.
We currently list Arm Holdings as a ‘buy’, given the potential weakness its share price might experience and the attention the Group might receive if its microchips are proven to have been used in Apple’s iPad.
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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