Sustainable Stock

Headlines this week told investors to keep their eyes on the sustainable stock and bond prize and top stock picks this week are all BUY with all Stockomendation stock picks a mix of 172 BUYs 21 SELLs and 24 HOLDs.

1. OVERWEIGHT Ascential

Top stock pick this week was OVERWEIGHT Ascential by Barclays with a tip performance of 29%.

ittle known Ascential owns Cannes Lions the creative Cannes party anyone who matters in the creative world knows. Founder and CEO Phil Thomas floated Ascential back in 2016 and shares jumped 25% this week at news of double digit revenue growth in 2022 and a future restructure.

It’s not all been plain sailing since listing in 2016 at 218p, Ascential has had it’s ups and downs but as far as investors and analysts are concerned the future looks bright for this prominent events firm.

2. BUY Rainbow Rare Earths

Second top stock pick this week was BUY Rainbow Rare Earths Limited NPV (RBW) by Berenberg with a tip performance of 14%.

For several weeks running we’ve written about mining stocks in this column – a case of when the going gets tough, risky stocks rate top perhaps?

Claims that Africa’s Rainbow mine can ‘break China’s rare-earths dependence’ hit the news this week but it’s only a pilot project and Berenberg has only held a rating on this stock since November in 2022, notwithstanding the share price jump since then of 20% since then.

As we know, mining stocks are risky and pilot projects even riskier but in a time when the FTSE is not returning as it once was, new horizons could hold new promise.

3. BUY SDI Group

Third interesting stock pick this week was BUY SDI Group by Richard Evans in The Telegraph - Questor with a tip performance of 8%.

Weird fact: SDI is an acquisitive company popular with analysts and brokers. It’s made 17 acquisitions in the past decade, an average of 2 per year – quite a lot for any company! Usually companies overpay and can’t manage the businesses they buy, so what makes SDI different?

Apparently SDI ‘hasn’t made a mess of any of them’ and Evans’ article says a possible value would be 300p per share with the current price being 153p.

SDI is certainly at the top of its game at the current price having listed at a humble 12.50p in 2008. Great things? We’ll see but Richard’s faith pays off again this week for him and his Stockomendation followers!

Image credit: Cannes Lions Report by Stan-Paul Schipper via Flickr

UK Fund Manager Short Positions
See which UK Fund Managers are betting against your investments by accessing current & historical short positions on UK companies showing you which fund manager has shorted which company and by how much.

Join Now

CASH PRIZES ARE BACK!
Think you can pick stocks? Play the January league UK Share Picking game FREE for your chance to win cash prices : uksharepickinggame.co.uk

Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 26th January 2023.