Tax Receipts Skyrocket

Headlines say income tax receipts hit highest figure in 16 years and all stock picks are a mix of 80% BUY, 10% HOLD and 10% SELL.

1. BUY Marshalls

Top stock pick this week BUY Marshalls by Russ Mould in The Telegraph - Questor with a tip performance of 6%.

Marshalls plc is a United Kingdom based manufacturer of natural stone and concrete hard landscaping products, supplying the construction, home improvement and landscape markets. It is based in Elland, West Yorkshire. The company was founded by Solomon Marshall in 1890, is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.

Marshalls share price listed at 68p in 1991, reached an all-time high of 865p in 2019 and is today at 348p.

In his article Russ Mould speculates the stock could possibly be undervalued given a number of factors he goes over.

In Stockomendation, Russ Mould and Berenberg say BUY and Steve Moore says AVOID. There is one open short position in Stockomendation by WorldQuant, view that here.

2. AVOID Zoo Digital

Second stock pick this week is AVOID Zoo Digital Group by Steve Moore in ShareProphets with a tip performance of 6%.

ZOO Digital Group PLC is a provider of cloud software based subtitling, dubbing, and media localization services to the TV and movie industry. Its production facilities are located in El Segundo, Los Angeles; London and Sheffield, UK and Dubai, U.A.E. It is listed on AIM under the ticker ZOO.

Zoo Digital share price launched at 4,312p in 2000, reached at all-time high of 4,462p a few months later and is today at 51p.

In his article Steve Moore questions the positive narrative outlined in the final results released 20 August this RNS. Shares plummeted at least 25% after the announcement that the company said was due to the actors strike.

In Stockomendation Steve Moore says AVOID and Ben McPoland says BUY. There are no active short positions open.

3. BUY Accesso

Third interesting stock pick this week is BUY Accesso Technology Group by Shore Capital with a tip performance of 5%

Accesso Technology Group PLC (ACSO) is a publicly listed technology company that provides ticketing, point of sale, virtual queuing, distribution, and guest experience management solutions for the attractions and leisure industry. The company was founded in 2002 as Lo-Q and is based in Berkshire, England, with nine offices around the world. Accesso's patented and award-winning technology solutions are designed to increase revenue for attraction operators while improving the guest experience.

Accesso Technology share price listed on AIM in 2002 at 97p, rose to an all-time high of 2,946p in 2018 and is today at 535p.

On Tuesday Shore Capital reaffirmed their buy rating following a downward revision to the theme park services provider’s full-year guidance from $160 million forecasted in April to between $150 million and $153 million. This was issued in a trading update on the 15th, view the RNS here.

In Stockomendation Shore Capital and Deutsche Bank say BUY and Steve Moore says AVOID.

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

Think you can pick stocks? Play the June league UK Share Picking game FREE : uksharepickinggame.co.uk

Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 22nd August 2024.