TRADER TIPS

What City insiders are recommending . . .

BUY THIS: Nanoco

PEEL Hunt says it’s time to buy shares in tech firm Nanoco.

Nanoco manufacturers socalled ‘nanomaterials’, which are used to produce high quality flat-screen TVs. Last week, the firm reported its first commercial order from a Taiwanese tech giant.

Despite the first order taking longer than expected, analysts say it is the first step towards Nanoco becoming the industry choice for ultrahigh quality TV displays.

SELL THIS: Auto Trader

BERENBERG thinks it’s time to get rid of second-hand car seller Auto Trader.

Analysts are concerned by a soft UK car market and escalating costs for the firm, as indicated in its recent full year results.

With the used car market currently taking record sales, Berenberg believes there is a risk of failure in the near future due to stricter car financing requirements.