The week’s best buys

Conviviality The Daily Telegraph

Shares in the drinks distributor are sharply down after disappointing results, but falls have been overdone. The group is well managed and “clearly profitable”, with a decent 4% yield; directors have been buying. Buy. 288p.

Croda International The Times

The speciality chemicals maker has produced record results, with profits up 6.5% and sales up 4.6%. Its main divisions – life sciences and personal care – are growing, and there’s scope for further returns. Buy. £45.50.

Johnson Service Group Investors Chronicle

Since selling its laundry arm, Johnson has focused on the higher-margin businesses of textile rental (linens to the catering trade) and workwear. Performing strongly, and cheap compared to peers. Buy. 137p.

Rentokil Initial The Times

Rentokil has restructured its “once sprawling empire”, and is now focused on expanding its pest control and hygiene businesses. Shares have fallen, but revenues and profits have jumped; growth should continue. Buy. 263p.

Scapa Group The Daily Telegraph

With the acquisition of three healthcare firms, Scapa has transformed itself into a provider of specialised high-value products such as wound dressings. Cashgenerative, with “enviable returns” on capital, and high margins. Buy. 475.8p.

Weir Group The Times

The engineering group, which makes pumps and pipes, has been boosted by strong oil and gas conditions, and rising revenues from new products. Bullish analysts have a target price of £24. Buy. £20.36.