The week’s best buys

Babcock International The Times

Shares have fallen, but the engineer and outsourcer has an annual growth record of around 5%, an encouraging pipeline and a healthy renewal rate. Margins in its defence business are “solid enough” too. Buy. 959.5p.

CVS Group The Daily Telegraph

This resilient veterinary services group generates good earnings and a copious cash flow. A total 33 new surgeries this year will consolidate a leading position at home. CVS is also building a Netherlands presence. Buy. £13.34.

Investors Chronicle

Grainger focuses on the private rental sector – a hot market segment due to the chronic property shortage – working with local authorities to provide social housing. Costs and overheads are falling; income is rising. Buy. 261.9p.

Greencore Group The Times

The convenience food maker has produced reassuring results following its £600m purchase of US foods group Peacock. Revenues have jumped 46%, but the market hasn’t yet priced in the benefits of the deal. Buy. 243.75p.

The Daily Telegraph

Shares in Britain’s biggest “investment shop” have fallen sharply following the arrival of a mighty, low-cost US rival, Vanguard. But Hargreaves remains trusted, and offers an unrivalled range of funds and shares. Buy. £13.67.

Wizz Air The Times

This Eastern European-based budget airline, which floated in 2015, has reduced its cost-perseat while increasing passenger numbers. Profits are up 27.5%, and the opening of 113 new routes signals “good growth potential”. Buy. £22.85.