Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Sunday share tips: Belvoir Group, YouGov

(Sharecast News) - Midas told readers on Sunday to hold onto their shares of property rental outfit Belvoir Group. The tipster highlighted the company's 26-year track record of profits running hundreds of estate and letting agencies.

More recently, Belvoir had moved into sales and mortgage advice, making it more resilient to economic ebbs and flows.

It had also carried out a "judicious" acquisition strategy, Midas added.

And chief executive officer Dorian Goncalves was working on an IT tool to allow estate agents, letting agents and mortgage advisers to work more closely, which should encourage cross sales between divisions.

"Demand for rental properties is at a record high, while sales are holding up better than many expected.

"Gonsalves is a steady hand on the tiller too, having spent his entire career in the market, including a five-year stint as a director of the Property Ombudsman. Hold on to these shares."

The Sunday Times's Lucy Tobin tipped shares of pollster YouGov to her readers, pointing to recent strong momentum in the business, recent acquisitions and the drop in its valuation multiples over the last five years as reasons to buy.

YouGov's client roster included the likes of Disney+ and Netflix, which it provided with viewing data.

Tech firms in general generated nearly a fifth of its revenues and the company said in summer that clients were now slower to take decisions and sign orders, a likely reason why hedge funds had been shorting its shares, Tobin said.

But the latest results under new chief executive officer Steve Hatch had beat estimates, with the customised research unit, on which big tech firms spent money for data to boost their own sales, seeing "especially buoyant" demand.

And while talk from one its founders, Stephan Shakespeare, of a possible US listing worried some investors, that had yet to be decided.

In the meantime, there was growth to capitalise on, the tipster said.

Then there was the recent €315m (£274m) acquisition of GfK's consumer panel business in Germany, which would increase its share of the market in the consumer goods category and help revenues rise by over £100m.

And yet the shares' price-to-earnings multiple had fallen from as high as 64 in recent years to approximately 16.

Peel Hunt analyst Jessica Pok was of a similar mind, telling clients there was "good momentum" heading into 2024 and that tech spend had been resurgent of late.

Hence Pok's decision to choose the shares as a 'top pick'.

Share this article

Related Sharecast Articles

Sunday newspaper round-up: Hargreaves Lansdown, Crest Nicholson, Michael Kors
(Sharecast News) - Hargreaves Lansdown's three private equity suitors have until Wednesday to either table a formal bid for the investment platform or walk away. A £4.7bn offer presented in April was rejected. In particular, the bidders have been attracted by the firm's ability to deposit client cash at the Bank of England for a rate of 5.25%, whilst paying just 3% on a cash Isa of up to £10,000. That netted its £269m last year at no risk. - The Financial Mail on Sunday
Sunday share tips: Oxford Instruments
(Sharecast News) - The Financial Mail on Sunday's Midas column labelled shares of Oxford Instruments a "long-term buy".
Friday newspaper round-up: Insecure work, Stellantis, Nationwide
(Sharecast News) - The UK has seen an "explosion" in insecure, low-paid work in the past 14 years, according to a new report. The TUC said its study had found that the number of people in insecure work had reached a record high of 4.1 million. The analysis of official statistics shows the number of people in "precarious" employment - such as zero-hours contracts, low-paid self-employment and casual or seasonal work - increased by nearly 1 million between 2011 and 2023. - Guardian
Thursday newspaper round-up: Revolut, BT Group, housing market
(Sharecast News) - Pensioners and people on disability benefits are the winners from radical changes to the welfare system made by the Tories over the last decade, while working-age families are losing out by thousands of pounds every year, according to a report by the Resolution Foundation. The Conservatives' 14-year overhaul of social security has shifted spending away from children and housing to supporting elderly people, and broken the link between entitlement and need for some of the poorest households in the country, the report says. - Guardian

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.