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Tip of the year 1 (of 7) – Buy S & U at 915.25p

By Tom Winnifrith | Thursday 27 December 2012


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Over the next seven days I shall serve up seven tips for 2013. There should be something for everyone. In assembling this magnificent seven I start with company fundamentals and price. But I also take into account my macro-economic assumptions for the next 12 months. And, I am sorry to say, that I am not terribly cheery. I do not see UK GDP growing rapidly. Credit will be hard to obtain and consumer spending will not be strong. As such there is some merit in starting with a solid defensive play and that brings me to fully listed S&U (SUS) at a share price of 915.25p.



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