3 FTSE trending Stocks: SMT Plc, Smith (DS) Plc, Cineworld Group Plc

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3 FTSE trending Stocks: SMT Plc, Smith (DS) Plc, Cineworld Group Plc

 3 FTSE trending Stocks: SMT Plc, Smith (DS) Plc, Cineworld Group Plc
Image source: katjen,Shutterstock.com

Highlights

  • FTSE100 and mid-cap focused FTSE250 index have gained 17% and 10.29% so far this year.
  • Economic recovery and good interim results of the companies helped in the overall good performance of indexes this year.

FTSE100 trades in the green on the Friday. The blue-chip index was up by 0.08% at 7,130, while mid-cap focused FTSE250 was at 23,979 up by 0.11%. FTSE250 index recently closed at a record high crossing the 24,000 mark, which means the index has gained over 17% this year, while the FTSE100 index is up by 10.29% this year so far. Economic recovery after the lifting of lockdown and good interim results reported by the listed company helped bring confidence back amongst investors.

Let us look at 3 FTSE listed stocks that are in focus today:

Scottish Mortgage Investment Trust Plc (LON: SMT)

The company manages the equity mutual fund, that invests in other companies from different sectors. The company follows a growth investment strategy and invest in companies with strong management and competitive advantage. The mutual fund is co-managed along with Baillie Gifford & Co.

The company’s stock price saw a decline recently after a crackdown on technology companies by the China Government. The company holds a position in multiple Chinese technology stock, and out of its top ten largest holdings, four companies belong to China. In the last five years, the stock price is up by 400%, while it has delivered a 154% return in the last three years.  The company has been diversifying across different sectors and companies which can help it mitigating Chinese risk.

Scottish Mortgage Investment Trust Plc currently trades at GBX 1,356, up by 0.26% on 27 August 2021 at 12.35 pm GMT+1 with a market cap of £19,101 million. In the last one year, the stock has given 42.23% returns to its shareholders.

Smith(DS) Plc (LON: SMDS)

The company provides sustainable paper packaging solutions to companies from different industrial groups. It has operations in 34 countries.

The company reported revenue of £5,976 million and an operating profit of £502 million in the 12 months to 30 April 2021. The company has been performing well in terms of revenue generation as well as reducing its carbon footprint. It has achieved a 23% reduction in CO2 emissions across its 250 sites by the end of 2020.

Smith (DS) Plc currently trades at GBX 439.60, up by 0.05% on 27 August 2021 at 12.35 pm GMT+1 with a market cap of £6035.13 million. In the last one year, Smith(DS) Plc has given 62.37% returns to its shareholders.

Cineworld Plc (LON: CINE

The company operates the cinema chain globally under different brand names. In addition, it is involved in the film distribution, ticket booking and advertising and has operations in ten countries.

The company reported revenue of USD 292.8 million and an adjusted EBITDA loss of USD 21.1 million in the period ended 30 June 2021. The company was hardest hit as its revenue streams completely stopped due to lockdown in different countries. However, the company can be considered as an investment opportunity after full approval of the Pfizer and BioNTech vaccines by the US FDA, encouraging people to take up vaccination. Cineworld Plc derives a major part of its revenue from the US market and opening up of cinema theatre at full capacity could help boost its revenue and stock price.

In the last one year, Cineworld Plc has given 10.79% returns to its shareholders. It currently trades at GBX 65.52, down by 1.53% on 27 August 2021 at 12.34 pm GMT+1 with a market cap of £913.59 million.

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