magazine archive
magazine archive
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Finding genuine growth stocks: what the experts are buying
Thursday 05 Dec 2024In last week’s magazine, Shares focused on the methods by which leading fund managers identify genuine long-term growth opportunities, covering everything from the need for a growth mindset to bottom-up stock picking and the need to factor in top-down considerations. Now we turn the spotlight on...
What two pizzas ordered more than a decade ago tell us about Bitcoin
Thursday 05 Dec 2024Spare a thought for Laszlo Hanyecz. You may not have heard of him, but in 2010 he spent 10,000 Bitcoins on two pizzas, in one of the first ever ‘real world’ crypto transactions. The market value of those Bitcoins is now $950 million. Hanyecz is pretty stoic about it, but deep down he must know that...
What does it mean when a company is said to have a ‘wide moat’?
Thursday 28 Nov 2024Warren Buffett is often thought of as a value investor, yet what he actually looks for is companies with ‘economic moats’ or a sustainable competitive advantage over their competitors. ‘When you have a wonderful business, it’s like having an economic castle, but the nature of capitalism is people...
Emerging markets: Trump victory, risk of US IRA repeal and tariffs, South Korea cuts rates
Thursday 28 Nov 20241 . Republicans win: The US presidential election outcome is a resounding vote in favour of the policies proposed by Donald Trump, the new president-elect. Voter concerns about inflation and immigration also played a role in his success. The implications of the election outcome for emerging markets...
Apart from TSMC what drives the Taiwanese market?
Thursday 28 Nov 2024There’s no doubt the world’s leading chip manufacturer TSMC (2330:TPE) dominates the Taiwanese market – unsurprising given it’s near trillion-dollar valuation. However, while it has a more than 50% weighting in the MSCI Taiwan index there are some other interesting names. Undoubtedly Taiwan is a...
Small World: a modest deal struck at a big premium and a new gaming services IPO
Thursday 28 Nov 2024We begin proceedings with two takeover approaches, one successful, the other less so, for now at least. First, Swiss bourse operator SIX agreed to buy UK junior marketplace Aquis Exchange (AQX:AIM) for 727p in cash, representing a 120% premium to the previous closing price of 330p. SIX, which...
Finding genuine growth stocks: how the experts do it
Thursday 28 Nov 2024Identifying genuine growth stories is not easy but can be extremely rewarding. Nvidia (NVDA:NASDAQ) may be the ultimate growth stock example now but who was flagging its potential 10 years ago when revenue and profit was just a fraction of what it is today and when the widespread application of AI...
Is the US stock market just too hot to handle?
Thursday 21 Nov 2024Markets seem to approve of the election of Donald Trump as the 47th US president. The S&P 500 has hit a record high in the wake of the election result, crossing over the 6,000 mark for the first time. This latest bump comes on the back of an exceptional run for US stocks, which has put other...
The UK takeover market has seen a surge of activity in the last few years
Thursday 21 Nov 2024If it seems as though each week brings news of yet another takeover offer for a UK firm, the actual figures from the ONS (Office for National Statistics) are quite mind-boggling. Aside from the number of listed companies being bought, either by ‘inward’ investors or domestic buyers, hundreds of...
The £1 billion profit club: Discover the titans of UK retail
Thursday 21 Nov 2024To date, a small, exclusive club of UK retailers have exceeded £1 billion in annual profits, a high street elite that includes Tesco (TSCO) , Marks & Spencer (MKS) and Kingfisher (KGF) . Some may view this £1 billion figure as merely symbolic, but breaching this barrier is no mean feat and...