...and the rest

Investors’ Chronicle

PPHE Hotel Group has reported record annual revenue and cash profits for 2023. The average room rate at the Park Plaza operator is now 30% above pre-Covid levels and management has more than doubled the dividend. On 18 times forward profits, the shares trade at a discount to recent history so this seems a good entry point. Buy (1,255p).

The Mail on Sunday

Shares in Greencoat UK Wind have wafted down since 2022 as energy prices have slid and because of questions about the extent of the government’s commitment to wind energy. These concerns “should have been assuaged” by the recent Budget, however, and the shares now appear “good value”, especially given the company’s “record of generous dividends” (139p).

Shares

The JPMorgan Global Growth & Income fund has delivered chart-topping annualised total returns of 14.9% over the past decade. Fund managers can leverage JPMorgan’s vast global research capabilities to find good stocks. For those comfortable with adding exposure to US tech giants, the ongoing charge of 0.5% a year is reasonable price for a “reassuringly diversified” global portfolio (551p).

The Telegraph

Commodity firms are suffering from soft prices for key raw materials. But FTSE 100 giant Rio Tinto’s “solid financial position” is still allowing it to invest for the future, such as expanding production at a Mongolian mine for copper, the key resource needed for the energy transition. The dividend is still attractive at 6.8%. On a mere 8.2 times earnings, the shares are a buy (5,026p).