MoneyWeek’s comprehensive guide to this week’s share tips
Three to buy Accenture The Daily Telegraph
Accenture’s stock is one of the best ways to profit from “the fourth industrial revolution”, which will see major improvements in productivity thanks to the spread of digital technology. The company has become the leading consultant in this field. Its ability to retain staff, which it does partly by issuing new shares for employees as incentives, has allowed it to step ahead of its key rivals. It generates plenty of cash, which makes it a “relatively low-risk” play on digital technology. $341
Dunelm Mail on Sunday
Home-furnishings group Dunelm “has had a good pandemic”. It launched a strong e-commerce operation before lockdown and quickly shifted to a click-and-collect service when shops were forced to close. Dunelm’s out-of-town retail parks allowed for social distancing when in-person shopping restarted. Full-year figures this week revealed how much lockdown “has brought out our inner interior designers”. Shops were closed for a third of the year but sales were up by 26% and profits by 44%. There is scope for further growth. 1,515p
Midwich Investors’ Chronicle
The cancellation of live music events thanks to Covid-19 has done audiovisual-products retailer Midwich no favours. But its two top markets are education and companies, both of which have thrived in the last 18 months. Hybrid working could present an opportunity as offices buy new equipment to accommodate home workers. Sales jumped by 21% in 2021. The audiovisual market should grow by an annual 7.2% for the next five years. 610p