The week’s best buys

Amryt Pharma The Sunday Times

The rare diseases specialist has “ambitious plans” for Lojuxta – a drug used to treat a genetic cholesterol disorder. A treatment for skin condition epidermolysis bullosa is in late-stage trials. Buy. 16p.

Carnival The Share Centre

With 100 ships and 212,000 berths, Carnival is the world’s largest cruise operator. Shares have fallen, but revenues are up 13% to a record $4.4bn, and should improve on expansion into emerging markets like China. Buy. £42.98.

Diageo The Share Centre

Diageo boasts an impressive array of brands: from Gordon’s to Smirnoff and Pimm’s. US sales are “resilient” and prospects for emerging markets are “excellent”. A hot summer should boost demand. Buy. £27.98.

Inchcape The Daily Telegraph

This cash-generative car dealership focuses on growth markets. Long-term relationships with makers including Toyota and BMW should help to deter competitors. Buy. 797p.

Ten Entertainment Group The Times

The tenpin bowling operator is on track to hit forecasts as footfall and spending per head increase. It’s expanding through acquisitions, yet trades at a 25% “unwarranted discount” to rival Hollywood Bowl. Buy. 264p.

Vodafone Group Investors Chronicle

The telecoms giant’s earnings are in positive territory, cash flow has recovered and debt is down. Shares have slipped, but the Liberty Global deal brings growth opportunities in Germany and beyond. Yields a solid 7.09%. Buy. 188p.