The week’s best shares
Camellia
The tea, nuts, fruit and avocado producer’s revenues fell in 2021 due to “unprecedented” challenges. But Camellia, which also has an engineering arm, is expecting “solid demand” to boost sales and profits. Buy. £59.50.
Dr. Martens
The boot-maker’s sales have soared by 1.4 million in a year, with profits rising 4.3%. The brand is “stronger than ever”, expanding into Europe, the US and Asia as it moves into sandals and socks. Yields 3.7%. Buy. 216.4p.
AJ Bell
Investors’ Chronicle
AJ Bell has boosted its tech offering with its “Dodl” app for young investors, and the Adalpha platform for financial advisors. The cost-of-living crisis may hamper inflows, but higher interest rates are positive. Hold. 261p.
The semiconductor shortage dogging the car industry is likely to continue. But the online automotive marketplace has proved resilient – latest results compare promisingly with pre-Covid numbers. Hold. 590p.
Games Workshop Group
Shares in the fantasy figuremaker have been hit by rising freight costs and the cost-ofliving crisis. But addictive to diehard fans. Sensibly run, with a good pipeline of new games and a generous divi. Buy. £72.25.
Warhammer The Sunday Telegraph
The B&Q owner has the financial strength to overcome a profits fall. Gaining market share, thanks to its online presence, and expanding its trade-focused Screwfix brand. Shares are cheap and yield 4.8%. Buy. 259.9p.
Hilton Food Group The Mail on Sunday
This efficient, low-cost meat packager has branched into fish and vegan products, expanded geographically, and maintains strong relationships with supermarkets, fast-food chains and pubs. Declines are overdone. Hold. £10.62.
Investors’ Chronicle
is
The private hospital group is benefitting from a postpandemic resumption in elective and non-urgent procedures. Profits are up 34%, but new Covid waves, inflation and supply-chain issues could hinder progress. Hold. 374p.
Loungers The Mail on Sunday
Loungers offers keenly priced food and drink in 200 sites in market towns, seaside resorts and city suburbs, as well as 34 Cosy Club restaurants. Snapping up new sites at competitive prices as profits grow. Buy. 200p.
Investors’ Chronicle
Shares fell by a third postlockdowns. But pet owners have maintained higher spending, boosting the retailer’s profits. Undergoing a buyback programme, and should benefit from domestic sourcing and rent reductions. Buy. 340.2p.
The online auction house has benefitted from lockdown, inflation and supply-chain issues. The high valuation of may have prompted its CEO, CFO, COO and two other directors to sell shares worth £9.44m.
Form guide
Shares tipped 12 weeks ago
Best tip
Drax Group
Shares up 6.15% to 708p
Worst tip Hotel Chocolat Group Investors’ Chronicle down 26.14% to 325p
Market view
“Liquidity is terrible – people are not willing to commit capital.” Michael Edwards of hedge fund Weiss Multi-Strategy Advisers, on the poor conditions fuelling tumult on Wall Street. Quoted in the FT