The week’s best buys

Abercrombie & Fitch The Daily Telegraph

Shares are priced for “perpetual mediocrity”, but new management is transforming the teenage fashion brand that, despite three years of negative sales, continues to produce cash. Risky, but margins could treble. Buy. $22.93.

Clarkson Investors Chronicle

After a prolonged downturn in shipping, recovery has finally arrived to buoy this marine services firm, which has continued winning work and investing in technology. Well set for turnaround. Buy. £34.

Facebook The Times

The social network has suffered multibillion-dollar losses following the Cambridge Analytica scandal. But advertisers will stick, and stablemates Instagram and Whatsapp are growing. Buy. $172.

Finsbury Food Group The Times

The speciality bread and cake maker has scaled back its workforce and invested in automation. Revenues are stable and profits have risen thanks to diversification by “category, channel and geography”. Buy. 116p.

Halma The Times

Halma’s products range from fire detectors to water treatment systems and gadgets for eye examination. Acquisitive, and well placed in markets where demand is driven by health and safety. Buy. £11.60.

Mediclinic International The Daily Telegraph

The private hospital operator has been hit by profit warnings and a failed bid. But problems in key Middle East markets are being addressed and Mediclinic still has the potential to be highly profitable. Buy. 579p.