By Malcolm Stacey | Friday 6 October 2017
Disclosure: I own shares in one or more of the stocks mentioned. 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.
Hello Share Pals. The Footsie is creeping awfully near its all-time high and the Santa Rally is still to come yet. So I thought it might be a jolly wheeze to mention four more shares in my current bag which I have the highest hopes for. And here they are.
The first is BP (BP.). This big oiler tends to get a bad press these days. But that Gulf disaster is a long time ago now and the legal claims against the company become weaker and less expensive. I feel that this tragic back story is still unfairly holding back the share price. Remember that there is still a big dividend with this one. While the price of Brent crude is pushing up.
My next choice is Inmarsat (ISAT). This is the company that organises satellite launches to aid communications all over the world, including difficult places like the middle of oceans and the top of Everest. The shares used to trade well above 700p and has been in the low 600p range for some months now.
I know Uncle Tom is not a fan. But outer space is the new frontier for smart investors. And this is one of the few British companies which has a presence out there. You have to believe in a hi-tech future and out-of-this-world ventures will thrive on it.
Next I give you Centamin (CEY). This is the big Egyptian gold miner. If you believe, as I do, that gold shares are undervalued now and are set to rocket on worsening world wide currency issues, then gold is the only real alternative. Centamin shares have been wallowing of late, but the present 145p level should rise to 200p, possibly sooner rather than later.
My final choice is Zytronic (ZYT), the touch sensor maker. This kind of technology is becoming more popular by the week. And there is a lot of experience here. The share has risen nearly 150% for me in the last few years. But it's presently fallen back for no good reason. I can see it rising from its current 195p level to about 250p before Christmas.
And now it’s time for the Punter’s Return.
Never miss a story.
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments are turned off for this article.
Search ShareProphets |
Stock market news |
Recent Comments |