TRADER TIPS

Daily Mail - - City & Finance -

What City in­sid­ers are rec­om­mend­ing . . . BUY THIS: GVC Hold­ings PEEL Hunt thinks sports bet­ting com­pany GVC Hold­ings is worth a punt. GVC’s trad­ing over the first half of the year has been in line with ex­pec­ta­tions de­spite the ab­sence of a big sports tour­na­ment.

Peel Hunt said this per­for­mance shows GVC has the po­ten­tial to keep ris­ing due to im­prov­ing prod­ucts and op­er­a­tions. The bro­ker also noted that GVC has hiked its mar­ket­ing spend in or­der to ac­cel­er­ate rev­enue growth. SELL THIS: GKN Pan­mure Gordon urges you to stay away from GKN. Pan­mure said the en­gi­neer, which makes cru­cial parts for aero­planes, is likely to be hit by sanc­tions im­posed on Qatar Air­ways by Saudi Ara­bia, UAE, Bahrain and Egypt.

The bro­ker feels the sanc­tions – which have arisen from a diplo­matic dis­agree­ment over ter­ror­ism links – could lead to the can­cel­la­tion of a num­ber of air­craft or­ders.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.