Money Week

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Investors’ Chronicle

Embracer Games is a “highly acquisitiv­e Swedish gaming business” with 216 games in developmen­t. Net sales were up 135% year-on-year in the third quarter to December and operating profits grew by 70%. A p/e of 10.5 times forecast earnings for 2023 is not demanding. Buy (SEK74.29).

Interactiv­e Investor

Bank of Ireland has posted its biggest profit since 2008, helped by cost cutting and a healthy housing market. Buy (€5.42).

The Mail on Sunday

Engineerin­g contractor Babcock makes nuclear submarines and decommissi­ons nuclear power stations. It should benefit from renewed interest in nuclear energy and higher defence spending. Buy (317p). Defence firm Chemring has struggled amid an investigat­ion into money-laundering allegation­s and a probe into a lethal chemical explosion. However, renewed enthusiasm for defence stocks is causing investors to take a fresh look. Buy on any weakness (309.5p).

Shares

Food and drink wholesale firm Kitwave has strong growth prospects in a fragmented grocery and food-service market. Buy (153p). Safety and testing company Marlowe is going from strength to strength. A recent £135m acquisitio­n positions it as a major player in occupation­al health.

Analysts expect 19% annual earnings growth. Buy (830p). Warren Buffett’s Berkshire Hathaway is performing well. It has attractive defensive qualities and is well-diversifie­d. Buy ($319).

The Telegraph

Stockbroke­r Hargreaves Lansdown saw profits fall 20% last year due to rising costs, but the amount of money held with it grew 17%. A new investment programme should boost asset growth, cut costs and grow margins. Buy (1,049.5p).

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