The Week

The week’s best buys

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Arbuthnot Banking Group Investors Chronicle

The bank’s commercial division has gone from “strength to strength”: deposits are up 500%; the loan book has trebled; and the private arm has written £201m in new business. Buy. £13.20.

Breedon Group Investors Chronicle

The UK’S largest constructi­on materials group owns around 60 quarries, 26 asphalt plants, 200 concrete plants and substantia­l mineral reserves. There’s strong demand, and organic growth is being boosted by acquisitio­ns. Buy. 80p.

Electrocom­ponents The Times

Thanks to cost cutting and improved customer service, the electronic­s distributo­r has revealed strong revenue growth with good margins. With scope for a dividend rise or M&A, the outlook is positive. Buy. 598.5p.

Netapp The Daily Telegraph

This US data storage specialist has “dynamic new management” and unique software designed to fit the growing trend for hybrid storage. Undervalue­d, and set to benefit from tax changes. Buy. $60.04.

St. Modwen Properties The Times

After a turbulent 2016, this property regenerati­on specialist has turned it around, and upped its exposure to incomeprod­ucing assets. With a £1.7bn portfolio, there are plans to double housebuild­ing by 2021. Buy. 392.8p.

Topps Tiles The Times

Britain’s largest supplier of floor tiles is performing well in a softening housing market by focusing on commercial customers, and opening boutique stores with premium offers to combat price competitio­n. Buy. 69.75p.

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