2 unpopular FTSE 100 shares that could deliver successful turnarounds
Robert Stephens, CFA, considers the recovery prospects of two out-of-favour FTSE 100 shares – insurer Direct Line and supermarket chain Morrisons.
Robert Stephens, CFA, considers the recovery prospects of two out-of-favour FTSE 100 shares – insurer Direct Line and supermarket chain Morrisons.
FTSE 100 sales and marketing services firm DCC has reported that continuing revenues rose by 16% over the year ended 31st March.
FTSE 250 precision engineering firm Renishaw has seen its share price fall by 5.90% after it announced results for the nine months to 31st March.
AIM-listed secure payments and customer services specialist Eckoh has confirmed that trading was in line with expectations during the year ended 31st March.
Quality of earnings, balance sheet strength and profits growth going forward makes these shares look very undervalued, argues Mark Watson-Mitchell.
Centrica has seen its share price rise after it announced that trading had been broadly in line with expectations during the first four months of 2019.
The price of shares in FTSE 250 financial services firm Metro Bank has dropped by 7.14% after it reacted to press speculation.
AIM-listed Wey Education has seen its share price soar by 41.40% after its turnover grew by 54% over the six months ended 28th February.
Alexander Darwall, a star manager at Jupiter, has recently announced that he is giving up his role as manager of their European open-ended funds, but is continuing with the equivalent investment trust.
Simon Cawkwell, AKA Evil Knievil, with his latest trading and gambling exploits – writing exclusively for Master Investor.