TRADER TIPS
What City insiders are recommending . . .
BUY THIS: 4imprint
PEEL Hunt was impressed by the promotional products firm’s update last month, which highlighted 9pc order and revenue growth in the first four months of the year and confidence in reaching full-year forecasts.
Despite shares falling back a bit since then, Peel Hunt expects growth in 4imprint’s large US division to accelerate even further in the second half of the year.
SELL THIS: GKN
ANALYSTS at Panmure Gordon believe global engineering firm GKN will be hurt by the ongoing diplomatic crisis in Qatar and fellow Gulf members.
The row over the Arab state’s alleged links to Islamic terrorism has already led Qatar Airways to cancel a number of aircraft deliveries which has hit the sector.
Panmure thinks GKN will continue to accumulate losses due to the crisis.