Money Week

MoneyWeek’s comprehens­ive guide to this week’s share tips

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Four to buy Dr. Martens

Shares

Shares in this British bootmaker have lost 75% of their value since 2021 after several profit warnings. While the record is discouragi­ng, on nine times earnings the risks look priced in. Revenue has risen by an average of 14% per year since 2020, but the execution has been poor. If management does rectify operationa­l problems, then there could be decent upside for the shares, but even if it fails to do so, the firm could well attract an “opportunis­tic predator” that recognises the “untapped” potential of this iconic brand. 92p

Hochschild Mining

The Mail on Sunday

This Latin America-focused precious-metals miner operates in Peru, Argentina and Brazil. The shares have fallen by 33% in five years amid “political turbulence”. A new CEO is shaking things up, planning to raise gold and silver production by 25% over the next three years, while cutting costs. A long-delayed permit to expand the flagship Inmaculada mine in Peru finally came through this summer, while gold has rallied sharply and should remain buoyant. 100p

London Stock Exchange Group

The Telegraph

The FTSE 100 might be underperfo­rming, but the owner of the exchange itself has defied the gloom to climb by 28% this year. While trading activity in London has stagnated, capital markets make up just 19% of LSEG’s total revenue. The real money is in data and analytics, which enjoy structural tailwinds from automation and “passive investing” strategies. On a price/ earnings (p/e) ratio of 29 the shares are not cheap, but their strong growth potential justifies the premium rating. 9,248p

Rightmove

The Sunday Times

Shares in this property listing site have gyrated as markets fret over growing competitio­n. Peer OnTheMarke­t has been acquired by a US group that plans to invest heavily in growing its market share. Yet RightMove boasts a stronger brand and was almost 50 times bigger than OnTheMarke­t pre-takeover, while its website “receives more than two billion visits a year”. Trading is in “fine fettle” despite a weak property market, and the debt-free firm boasts a huge “vault” of valuable data. While the shares aren’t cheap, British property remains a sound long-term bet, so buy. 557p

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