Markets Rally

Headlines say Markets rally at Trump's Greenland push and all stock picks are a mix of 80% BUY, 12% HOLD and 8% SELL.

1. HOLD Evoke

Top performing stock pick is HOLD Evoke by Berenberg with a tip performance of 15%.

Evoke is an international sports betting and gambling company. Formerly 888 Holdings, it owns 888casino, 888poker, 888sport, Mr Green and William Hill. Headquartered in Gibraltar, it is listed in London under the ticker EVOK.

Evoke share price launched at 169p in 2005, rose to an all time high of 458p in 2021 and is today at 28p.

Evoke plc's share price reflects the dynamics of a company that operates at the intersection of online gaming, sports betting, and regulated digital entertainment—sectors that are inherently cyclical, sentiment driven, and highly sensitive to regulatory shifts. As a result, the stock often trades as a barometer of investor confidence in the company's ability to balance growth with compliance, technology investment, and operational discipline.

Evoke operates in jurisdictions where gambling legislation evolves frequently. Tightening rules on affordability checks, advertising, or player protection typically create downward pressure, as markets price in higher compliance costs and slower customer onboarding. Conversely, periods of regulatory stability or clarity often support valuation recovery, as investors gain confidence in the predictability of future earnings.

On 20th January Berenberg reiterated its' HOLD rating and target price on the stock 33p.

In Stockomendation Berenberg and JP Morgan are the only two analysts with HOLD and NEUTRAL respectively. Six open UK fund manager short positions, view those here.

2. BUY Volex

Second top performing stock pick this week is BUY Volex by Jefferies with a tip performance of 8%.

Volex manufactures power and data connectivity hardware such as power cords, cables, connectors, and EV charging parts for tech, medical, automotive, and consumer electronics. Volex manufactures in 25 global locations.

Volex share price launched at 414p in 1993, rose to an all-time high of 1,959p in 2000 and is today at 475p.

On 21st January Volex issued a trading update in this RNS stating a strong third quarter and increased expectations for the full year.

Revenue for the period reached $902.7m, reflecting organic growth of nearly 15%. The company said demand from data centre customers remained particularly strong, driven by continued global investment in artificial intelligence and digital infrastructure. Other industrial markets also performed well, while sales in medical and consumer electricals were lower due to ongoing destocking and weaker appliance demand in Europe.

Operating margins stayed close to the upper end of Volex's 9-10% target range, supported by cost control and efficiency measures. The group also reduced net debt, bringing leverage down to around one times earnings, which it said provides room for further investment.

With momentum continuing into the final quarter, the board now expects both revenue and underlying operating profit for the full year to come in ahead of market forecasts, though it noted ongoing macroeconomic uncertainty.

Jefferies reiterated its' BUY rating and raised the target price from 470p to 500p. In Stockomendation Berenberg has BUY; Tom Winnifrith and Steve Moore have HOLD. One open fund manager short position held by Saba Capital, view that here.

3. BUY ACG Metals

Third top performing stock pick this week is BUY ACG Metals by Canaccord Genuity with a tip performance of 6%.

ACG Metals is a British Virgin Islands company that owns The Gediktepe Mine which is an operating open pit mine located in the Balikesir Province of Western Turkey, producing gold and silver from oxide ore.

ACG Metals share price launched at 10p in 2022 and rose to 1,440p, its' all-time high where it is today.

On 19th January the company released its' operational update in this RNS stating strong operational performance for 2025 exceeding production targets and making significant progress on a major expansion project.

The company produced 39.2 thousand ounces of gold equivalent during the year, slightly above guidance, and reduced its C1 cash costs by 18% to US$499 per ounce. However, its all in sustaining costs rose to US$1,244 per ounce, which it attributed to higher metal prices increasing royalty payments.

ACG said construction of its Gediktepe Sulphide Expansion Project remained on schedule and on budget, with commercial production expected by the end of the first half of 2026. The development is expected to shift the business towards becoming a copper producer, with 2026 output forecast at 20-22 thousand tonnes of copper equivalent.

The company also advanced plans to process enriched ore at the site, which it expects could add around 57 thousand tonnes of copper equivalent over four years once phased commissioning begins in late 2026.

ACG ended the year with net debt of US$65m and a cash balance of US$144m. The firm said safety performance continued to improve and that it plans to publish its first sustainability report in April.

Canaccord Genuity reiterated its' BUY rating and upped the target price from 1,500p to 1,950p. Berenberg is the other analyst in Stockomendation with BUY. There are no active short positions open.

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Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 22nd January 2026.