Shares magazine
Magazine archive
Feature
Five cheap stocks to buy now
Thursday 06 Apr 2023One way to reduce the risks associated with less forgiving markets is to ensure you buy companies at the right valuation. With this in mind Shares has conducted a screening exercise of the market to identify stocks which in our view are too cheap and therefore represent attractive investment...
TUI: How its €1.8 billion rights issue works and options for shareholders
Thursday 06 Apr 2023Travel operator TUI ( TUI ) has announced a €1.8 billion fundraising to help reduce a hefty debt pile accumulated during the pandemic. Known as a ‘rights issue’, the exercise involves shareholders making the decision whether or not to buy discounted shares in the group. As is the case for most...
Three top picks from a leading fund manager adept at stress-testing his investments
Thursday 06 Apr 2023Ken Wotton, manager of Strategic Equity Capital (SEC) , reveals how he chooses which stocks to invest in and how he continually reviews his portfolio to ensure it is suited to market conditions. Importantly, and by design, the businesses in our portfolios share certain characteristics centred...
Why excluding stock-based compensation from profit calculations is misleading for investors
Thursday 06 Apr 2023At the start of 2023, Fundsmith Equity (B41YBW7) boss Terry Smith went to town over the habit of some companies to strip out the impact of share-based compensation (SBC) from reported profits. ‘I suspect the most pernicious effect of adjusting profits to exclude the cost of share-based compensation...
Emerging markets look to stoke growth as electric vehicles sales hit the skids
Thursday 30 Mar 20231 . Pr o-growth policies. In the coming months, we believe the roll out of pro-growth policies in emerging markets could be a significant tailwind to domestic demand in selected markets. Across continents, local governments have introduced measures to cushion the impact of inflation and/or to spur...
Profiling the big Chinese electric vehicle rivals to Tesla
Thursday 30 Mar 2023In January 2023 Tesla (TSLA:NASDAQ) had an 8% share of the Chinese new energy vehicles market according to figures from the China Passenger Car Association. However, the world leader in electric vehicles faces significant domestic competition in China. Who are the main players? BYD (1211:HKG) is...
Why the Credit Suisse bailout has failed to calm investors’ nerves
Thursday 23 Mar 2023Another week, another bank failure, or so it seems these days. News that ailing European lender Credit Suisse (CSGN:SWX) had been saved from insolvency over the weekend thanks to a take-over by its larger rival UBS (UBSN:SWX) should in theory have eased concerns of ‘contagion’ across the banking...
What an escalating AI-powered search war might mean for media stocks
Thursday 23 Mar 2023First there was ChatGPT – the disruptive AI chatbot made by OpenAI (Chat Generative Pre-Trained Transformer) and now there are searches powered by AI (artificial intelligence) which could bring a revolution in digital advertising as well as spell the end of bog-standard online enquiries...
Investing in a world of higher rates
Thursday 23 Mar 2023It has been a tricky couple of weeks for investors. The higher or lower speculation over interest rates, particularly in the US, has changed so rapidly it can make you feel like a contestant on Bruce Forsyth’s Play Your Cards Right . The collapse of Silicon Valley Bank and New York-based Signature...
What should your investment portfolio look like in your 70s?
Thursday 23 Mar 2023This article follows on directly from last week’s look at investing in your 60s by moving forward a decade to identify the factors affecting investors in their 70s. By this age most investors will be retired or are very close to giving up on full-time work. The article assumes an investor has...