LONDON (ShareCast) - Concerns that Alistair Darling’s Pre-Budget Report tax grab on airlines might have a serious effect on share prices seem to be easing. Low cost carriers such as easyJet (588p) squeeze more people on to each plane than other airlines.

The company expects profit growth for the year to be towards 50 per cent. The only real cloud on easyJet’s horizon is the direction of the oil price. But the Sunday Telegraph believes there is still more fuel in easyJet’s share price. Keep buying.

Powerleague (97p) is one of the few leisure businesses on the market to have a built-in resistance to freak weather. Rain or shine, the market for people who enjoy playing football on an all-weather pitch at a centre that provides changing rooms and a bar will never go away.

Recent investment on refurbishment should underpin revenue growth and profit estimates for the year. Most brokers reiterated their "buy" recommendation on the shares last week, with most revising their 12-month price targets to upwards of 130p. Buy, says The Sunday Telegraph.

Worries about media stocks have set Centaur shares on a downward trajectory. Now trading at a 20 per cent discount to a March high of 155p, Centaur looks like reasonable value. There is also an outside chance that the company begins to look attractive to larger publishing groups sooner or later. Buy, says The Sunday Telegraph.

H&T Group (242½p) and Albemarle & Bond are both expanding by consolidating small local operators and investing in the stores. The Charles Stanley research suggests that both companies are worth a look. But H&T is trading at a 25 per cent discount to Albemarle & Bond, making it the more attractive of the two.

The company's share register is also impressive, including names such as Lehman Brothers, UBS, Aviva, Royal Bank of Scotland and GLG, the giant hedge fund. Investing in a pawnbroker is not without its risks. But as an alternative play on the consumer credit market, H&T is worth a look, says The Sunday Telegraph.

Marks & Spencer, Next and Debenhams shares are down by 13 per cent, 7 per cent and 24 per cent respectively since May. The Sunday Telegraph thinks M&S and Associated British Foods – Primark's owner – are still worth picking up. But it remains a seller of Next.

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