…and some to hold, avoid or sell

Card Factory

Investors Chronicle

A slow Christmas, due to poor stock levels on key ranges, depressed the greeting card retailer’s profits. Given the predicted weak footfall that social distancing measures will bring, the store portfolio is worrying. Sell. 42p.

C&C Group

The Times

The drinks group is preserving cash and developing hygiene products and a mobile payment app. “Doing well” pre-pandemic, but the uncertainty surrounding pubs, restaurants and hotels brings too much risk. Sell. 206.5p.

SIG

Investors Chronicle

The building-products supplier needs to reverse “nearly a decade of contraction” following its aggressive acquisitions strategy. It has lost market share in the UK and Germany, and revenues have plunged. Sell. 28.1p.

SSP Group

Investors Chronicle

This food and beverage concessions operator has experienced a “wild shift in fortunes” – slumping into loss during travel bans. The plea to reinvest the dividend could be a warning sign of further cash-burn. Sell. 305p.

Wizz Air

Investors Chronicle

The low-cost airline missed its profit guidance in April after the pandemic grounded most of its fleet. Wizz has a £1.3bn cash pile and has introduced cost-mitigation measures, but the industry is still in limbo. Sell. £34.80.

Zoom Video Communications

The Times

Shares have soared 500% since its April 2019 float. It has 300 million subscribers, but profits are “rather insignificant” for a stock valued at $60bn, and it may be too pricey now for a takeover. Hold. $223.87.