LONDON (ShareCast) - Cleanliness is next to godliness, as Francis Bacon, once proclaimed. So long as that remains the case, Reckitt Benckiser remains a good place to park your money in uncertain times, says the Sunday Telegraph.
Although Greggs’ like-for-like sales are said to have risen 6.2 per cent in the first half, at least some analysts predict that once price inflation is taken account off, volumes are actually flat, says the Sunday Telegraph
As a result, and with costs increasing, last week's first-half numbers were a little shy of expectations. Questor advises avoiding the shares and buying a sausage roll instead.
Shaftesbury now stands at a 14 per cent discount to Cazenove's "bottom of the cycle" net asset value estimates, while the rest of the sector trades on an average discount of double that. It is a justified valuation, however, and Sunday Telegraph' Questor rates the stock a buy.
Compass shares have wobbled recently due to concerns about sky-high commodity prices, but as Merrill Lynch says, the trading update is upbeat, justifying Questor's decision to select Compass as one of six tips of the year.
After a strong run, there may also have been an element of profit-taking last week, meaning that the Sunday Telegraph's decision to continue buying into the Compass story holds firm.
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