The week’s best buys

The Week - - City -

Joules Group The Times

The colour­ful clothes and home­wares re­tailer, which floated last year, has a large po­ten­tial reach beyond the UK. Sales are up 20%, and prof­its by 34%, but it is still an “im­ma­ture” busi­ness. One for the ad­ven­tur­ous. Buy. 280p.

In­di­v­ior The Times

The drugs firm, spun out of Reckitt Benckiser, has built up a dom­i­nant po­si­tion in the US, where it is well-placed to profit from the opi­oid ad­dic­tion cri­sis. A monthly in­jectable drug, RBP-6000, is close to ap­proval. Buy. 404.25p.

Lok’ns­tore Group In­vestors Chronicle

Oc­cu­pancy rates at the self-stor­age out­fit are up 6.5%, and a pipe­line of seven new stores will in­crease space by 26%. Man­ag­ing stores for third-party own­ers gen­er­ates ad­di­tional rev­enue. Trades at a dis­count to ri­vals. Buy. 377.5p.

Playtech The Mail on Sun­day

Shares in the gam­ing and sports bet­ting soft­ware firm have fallen 22% af­ter weak Q3 trad­ing. In­vestec has re­duced its price tar­get from £11.20 to £10.30, but none­the­less be­lieves shares have been over­sold. Buy. 770p.

Pru­den­tial The Daily Tele­graph

The £48bn in­sur­ance giant has un­der­gone a “seis­mic trans­for­ma­tion”, mov­ing its focus away from UK an­nu­ities to the rapidly grow­ing Asian sav­ings and in­sur­ance mar­ket. Un­der­val­ued and well-placed to thrive in Asia. Buy. £18.52.

Tate & Lyle The Times

Un­cer­tainty around US trade agree­ments has hit the ingredients firm. Yet it is per­form­ing well, with ris­ing spe­cial­ity and bulk in­gre­di­ent sales. Yields 4.3%, and favourable Nafta talks would boost shares. Buy. 675.5p.

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