UK Share Picking Game by Stockomendation – February Winners Announcement

1. UK Share Picking Game February Results

1st btu: 95%
2nd Masterblaster: 88%
3rd MamaTee: 86%
Best BUY pick: Wood Group (John) with a 39% by Spleen
Best SELL pick: EKF Diagnostics Holdings with a 27% profit by UFO

2. Your FREE Stockomendation account can help you in the real world

• Autumn's BUY pick on Wood Group (John) was in an amazing profit of 39% in February. Wood Group (John) shares rallied last week on the news of a proposed buyout by Apollo Global. The oilfield services and engineering firm claimed that they had been offered 230p per share, well above the market valuation of 150p per share.
• The Stockomendation broker JP Morgan, who is rated five-star in the sector, also placed a BUY recommendation on Wood Group (John) on a few weeks earlier. It is currently in a nice profit of 34%...! We can also see that there are currently 4 BUYs, 3 HOLDs and 0 SELLs placed on the stock by market analysts.
• Stockomendation’s new functionality called Short Positions placed by funds on UK stocks shows that Qube Research & Technologies Limited reduced their short position on Wizz Air Holdings by 0.09% (from 0.59% to 0.5%) on 27th February. Although the percentage wasn't dominantly large, given that Wizz Air Holdings is a multi-billion business, it is still a significant amount of capital moving away from shorting the company which is a positive sign for the stock price.

3. Market conditions

• The UK reported a 10.1% inflation rate in January showing that it has again fallen for another month in a row!
• The Bank of England’s governor has also indicated that there is no pressing need for new interest rises and currently sit at 4%.
• With the promise of a new Northern Ireland protocol agreement it may be brighter days ahead for the UK economy. So stay tuned for updates on the market and keep participating in the game!

---

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 March 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 1st March 2023.