…and some to hold, avoid or sell

Auto Trader Group Investors Chronicle

The online car retailer faces a deteriorating market with new car registrations down 11%. Consumer credit remains stretched, and the diesel fiasco is a “bugbear”. Sell. 419.2p.

British American Tobacco The Times

Greater regulation, along with declining numbers of smokers and boycotts by ethical investors, are proving to be hazardous. But “next generation” vaping products are helping to keep cash-generation strong. Yields 5.5%. Hold. £36.95.

The Times

A steady record of successful investment in tech stocks could be jeopardised by rising Chinese debt. And the fund remains overexposed to a few big winners. Take profits. Sell. 263.5p.

Motorpoint Group The Daily Telegraph

Shares in the “nearly new” car dealership have almost doubled since last September and are no longer cheap. Directors haven’t bought since October 2016 and one fund manager has sold. Take profits. Sell. 246p.

RELX The Mail on Sunday

Shares in the FTSE 100 publishing and analytics firm have climbed due to currency swings. But UBS fears the rally is overdone. Earnings growth is starting to decelerate, suggesting the stock is overvalued. Sell. £16.25.

Revolution Bars Group The Times

The bar chain has issued a profit warning amid “challenging and volatile trading conditions”. Five new bars are performing well, and there are six imminent openings, but the new CEO needs time. Avoid. 145p.