Tipsters’ Most Frequently Tipped Companies in November

BP (BP.)

November so far: Share Price -9.7%; Tips: 100% Buy

There have been ‘buy’ recommendations across the board for BP in November so far, spurred on by a third-quarter update boasting “strong earnings driven by high reliability and major project delivery”. An initial rally in the shares following the announcement has since subsided over fears of emerging market weakness and trade wars, and it’s been a disappointing November so far. Tipsters remain optimistic, however, with Malcolm Stacey (ShareProphets) describes the most recent results as “sizzling” and “would expect even better next time” and finds the dividend increase of 2.5% especially pleasing. Harvey Jones (The Motley Fool) notes that “this was its best quarter in more than five years”, and sees the recent weakness as a buying opportunity.

BT Group (BT.A)

November so far: Share Price +7.3%; Tips: 50.0% Buy, 50.0% Sell

BT was covered in our review of November trading updates in last week’s article, and continues to prove divisive as the month progresses. This week, Roland Head (The Motley Fool) sees the shares as “a decent buy at current levels”, while also noting that the introduction of ex-Worldpay boss Philip Jansen at the helm “carries some risk of a dividend cut”. Royston Wild (The Motley Fool) in contrast is not convinced that the telecoms operator can maintain its dividend and therefore wouldn’t touch the stock “with a barge pole”.

Imperial Brands (IMB)

November so far: Share Price -1.8%; Tips: 100% Buy

Imperial Brands represents another share that initially responded well to a new set of published company financials – final results were announced on 6^th – before momentum petered out and gains were eventually wiped. Despite that, tipsters are positive about the tobacco firm’s future prospects. Chris Bailey (ShareProphets) considers the shares “one for much more than the dividend munchers” and awards a ‘buy’ rating, while G A Chester (The Motley Fool) considers it to be “the bargain buy of the FTSE 100”. Edward Sheldon (The Motley Fool) points to the fact that – although the sector is out of favour currently – the company dividend has increased “by 10% per year for 10 consecutive years” and therefore sees the stock as a “compelling opportunity”.

Marks and Spencer Group (MKS)

November so far: Share Price +2.7%, Tips: 60.0% Buy, 40.0% Sell

Despite “expecting little improvement in sales trajectory”, shares initially responded well to the retailers interim results announced last week; although they have since dropped back to their early-November levels. Tipster sentiment has been divided about the firm’s turnaround plan. Peter Stephens (The Motley Fool) considers the shares to be “a steal”, adding that “the changes being made to its business model could create a stronger entity in the long run”. Chris Bailey (ShareProphets) recommends the shares as a “bit of a large cap punt” to hold alongside more prudent large caps. Both Edward Sheldon and G A Chester (The Motley Fool) are not convinced, claiming that the retailer has been “left behind, and its prospects going forward look concerning”. M&S remains the third most shorted company in the UK.

There are now over 40,000 tips on our platform, all performance-tracked and available to view. Sign up to Stockomendation now and take a look for yourself – it’s free!

Disclaimer: The contents of this article should not be considered financial advice. All information displayed as at 16th November 2018.