...and the rest

Investors’ Chronicle

Discount retailer B&M will benefit from the cost of living squeeze. Buy (550p). Promotional products firm 4imprint has seen demand recover to pre-pandemic levels, but must now cope with supplychain issues. Sell (2,855p). Marine engineer James Fisher had a “disappointing and difficult year”. Sell (414p). The slow recovery of the aerospace and automotive industries and cost increases due to rising oil prices are weighing on engineer Bodycote. Sell (679.5p).

Shares

South Africa-based miner Tharisa has benefited from higher metal prices, and has strong cash generation with a generous dividend. Buy (155.8p). Shares in road safety engineer Hill & Smith dropped after the government put the smart motorways roll-out on hold, but the outlook remains positive. Buy (1,412p). Property and industrial services company Hargreaves Services’s firsthalf results were better than expected; the second should be even better. Buy (550p).

The Daily Telegraph

Rising interest rates are good for investment platforms, such as AJ Bell, because they earn more interest on customers’ cash deposits. Buy (305.2p).

The Times

Marks & Spencer is dealing with inflation and turning around its clothing business, but both are priced in. Buy (162p). Software-as-a-service (SaaS) firm EMIS can grow market share, expand its range of products and raise margins. Buy (1,328p). Demand for offices in Germany is stronger than in London and landlord CLS has 38% of its assets there. A 43% discount to forecast net asset value is too high (208.5p). Insurer Phoenix will no longer rely on “snapping up open or closed books of business” now it has a bigger pensions and savings arm. That’s good for steady dividend growth.

Buy (635p).