The week’s best shares

BAE Systems

The Daily Telegraph Russia’s invasion of Ukraine prompted a U-turn in military spending, boosting BAE’s prospects. Once cheap and high-yielding, but now set for growth given sound finances and exposure to a range of market segments. Buy. £12.77.

Keystone Law Group

The Sunday Times This pioneering law firm embraces tech and modern working practices to provide cheaper rates for clients. Signing up new lawyers to take on more cases. Cashgenerative with rising revenues and profits. Buy. 620p.

Kitwave Group

The Daily Telegraph Following healthy advances in sales and profits, this nimble wholesaler – focusing on sweets, snacks, drinks and chilled food – is expanding its product range and footprint via acquisitions. Yields 3.44%. Buy. 361p.

Mitie Group

The Times Tech investment at the outsourcing and energy services group is paying off: revenues have surpassed £4bn, profits are rising and margins improving. There’s a promising security arm and a record £19bn pipeline. Buy. 112.2p.

PPHE Hotel Group

The Mail on Sunday PPHE builds and runs trendy hotels across Europe, including Park Plazas and a new art’otel in Hoxton, London. Growing demand is driving revenue and profits, yet shares are below pre-Covid highs. “Significantly undervalued.” Buy. £14.80.

Vital Farms

The Daily Telegraph This ethical US food firm sources eggs from more than 300 family farms with prime conditions. Growing scale and “formidable pricing power” underpins soaring margins: from 4.5% in 2022 to 10.2% last year. Buy. $25.07.