…and some to hold, avoid or sell

BT Group Investors Chronicle

Moves to replace the definedbenefit pension scheme with a new savings scheme should slightly reduce BT’S £7.7bn deficit. But the group’s TV and Openreach divisions demand heavy capital commitments. Sell. 226p.

Cambian Group Investors Chronicle

The children’s care home operator has made good progress and reinstated the dividend. But it has missed profit expectations, faces higher staff costs and management needs to re-prove itself. Sell. 195p.

Fever-tree Drinks The Sunday Times

The tonic water maker has enjoyed “meteoric” growth thanks to the boosted popularity of gin, overtaking Schweppes to become market leader. But the bubble cannot last forever, particularly as Schweppes has relaunched its brand. Avoid. £28.07.

Gym Group Investors Chronicle

Top-line growth is strong at the low-cost gym group, with openings accelerating. But there are concerns about the level of competition, rising debt and profits, which are slipping in mature sites. Sell. 253p.

The Mail on Sunday

Shares in the FTSE 100 enterprise software giant have plunged more than 49% on warnings of falling revenues and the sudden departure of CEO Chris Hsu. Investec analysts remain “cautious”. Sell. 956p.

Wood Group Investors Chronicle

Trading at the oil services and engineering group remains “choppy” following the acquisition of its “stuttering peer” Amec Foster Wheeler. Although Brent crude is up 30%, profitability is down in most divisions. Sell. 607p.