The week’s best buys
Balfour Beatty The Times
The construction firm’s recovery plan has largely been implemented – it’s now focused on both the UK and the US and has a decent cash pile. Margin improvements should also push up the share price. Buy. 271.5p.
Cineworld Group Investors Chronicle
Profits were hit by a one-off pension buyout, but the cinema operator’s European revenues are growing, and it suffers minimal impact from forex rates as costs are paid in local currency. Expansion is a top priority. Buy. 645p.
Fidelity Asian Values The Mail on Sunday
Fidelity is invested in about 160 fast-growing, undervalued businesses in Asia and Australasia: from a Bollywood studio to a semi-conductor maker. A ruthless focus on delivering growth is spurring impressive results. Buy. 387p.
PZ Cussons Shares
The maker of Imperial Leather has a wealth of heritage brands which should help it weather macro and currency issues. A strong balance sheet and a healthy new product pipeline bode well for recovery. Buy. 326.9p.
Investors Chronicle
Tyman supplies engineered parts used in doors and windows. Organic growth and two “significant” acquisitions in the US, where the housing market is growing, are driving profits up. Yields 4.4%. Buy. 304p.
ULS Technology The Daily Telegraph
ULS’ systems provide a useful introductory service, linking homebuyers and sellers to legal professionals. Growing rapidly in a period of subdued activity, the firm should profit from a re-mortgaging surge when interest rates rise. Buy. 99p.