TRADER TIPS

What City insiders are recommending . . .

BUY THIS: On The Beach

ANALYSTS at Berenberg believe investors should buy shares in travel website On The Beach. Since its half-year results, its shares have fallen 26pc, but the bank is backing the firm to perform.

It said: ‘On The Beach remains a high-margin, highreturn structural growth story and the pullback in its shares creates a compelling buying opportunity.’

SELL THIS: Marks & Spencer

CANTOR Fitzgerald is urging investors to sell their Marks & Spencer shares over doubts about whether management can turn around the troubled retailer.

Mark Photiades, an analyst at Cantor, said: ‘Whilst fullyear 2018 results slightly beat expectations, the bigger question remains whether the current senior team can succeed in transforming M&S.’