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Summary
- Markets are recovering at a brisk pace with countries expediting their respective Covid-19 vaccination programmes.
- Certain sectors are expected to carry on their good run the month and beyond.
Major indices around the world are on the recovery path as the countries are expediting the Covid-19 vaccination programmes and more and more people are getting inoculated. Investors have started believing that there will be an end to the coronavirus-induced lockdowns. The world is sensing some light at the end of tunnel. However, the threat of the health crisis still exists, and the world needs to prepare itself for future pandemics.
In this article, we shall discuss stocks belonging to sectors that might continue their good run in February.
- S4 Capital Plc (LON:SFOR)
Shares of UK-based digital advertising and marketing services provider S4 Capital Plc surged by nearly 4 per cent since January. In the past 52-week period, SFOR shares have delivered a staggering triple-digit return of 135 per cent.
The company has proven capabilities in its fast-growing digital advertising platform. The company has an impressive client roster due to aggressive client acquisition strategies in place. The company’s current offerings shall help it in expanding its digital, strategic, creative, data, and digital media capabilities throughout 2021.
The company seems to be unfazed by the pandemic woes as it managed to deliver robust like-for-like double digit revenue and gross profit expansion with strong margins in 2020 in line with market expectations. The company’s gross profit forecast as per group of analysts stood around £279-300 million for 2020.
Do read: 3 FTSE 250 Stocks Showing Resilient Financial Performance
- Argo Blockchain Plc (LON:ARB)
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Shares of UK-based cryptocurrency miner Argo Blockchain surged by nearly 185 per cent since January. In the past 52-week period, ARB shares have delivered a staggering return of 1,768 per cent.
Investors looking for indirect exposure to bitcoin tend to be inclined towards these kinds of stocks as they often resonate with the prices of cryptocurrency. Notably, miners are an important cog in the wheel in the sphere of cryptocurrency.
The global cryptocurrency mining company has expressed its intention to build a new 200mw mining facility in the next 12 months in West Texas, US. Last month, Argo Blockchain bought 172.5 bitcoins as a part of its strategic goals. The London Stock Exchange-listed bitcoin miner also reported strong revenue growth of 52 per cent month on month to £2.48 million in January, according to a recent trading update. By the end of January, the company was having 501 bitcoins in reserve.
Meanwhile, the price of Bitcoin has breached the level of $49,000 as it has got Tesla’s attention, and support from US banking group BNY Mellon, and credit card giant Mastercard.
Do Read: Top 5 AIM stocks to look for in 2021
- Team17 Group Plc (LON:TM17)
Shares of UK-based video games publisher for PC, Nintendo Switch, PlayStation 4, and Xbox platforms, Team17 Group surged by nearly 2 per cent since January 2021. In the past 52-week period, TM17 shares have delivered a double-digit return of 63 per cent.
Video games have been a popular choice of entertainment among young adults specifically during the lockdown period. The demand for video games have gone up substantially. Despite an extraordinary and challenging year for many, the company managed to deliver results ahead of the Board's expectations recorded year-on-year revenue and adjusted EBITDA growth of 34 per cent and 36 per cent respectively, for the year ended 31 December 2020.
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Recently, the video game publisher acquired the rights and assets for a multiplayer golf video game, GWYF (Golf With Your Friends) for £12 million in a bid to expand its portfolio offerings. The company sees great potential in GWYF as it has shown strong consumer engagement and has doubled its customer base across multiple gaming platforms. Popular action game, King of Seas will be published by Team17 Group in May this year.
- Clipper Logistics Plc (LON:CLG)
Shares of UK-based logistics company Clipper Logistics delivered a triple-digit return of 111 per cent in the past 52-week period. The logistics company has agreed to provide pan-European e-fulfilment and returns management services to an online luxury fashion brand, Farfetch from a new facility in Netherlands. This agreement will help the company in gaining a stronger foothold in mainland Europe. The new contract is valid for an initial period of five years starting from April and is expected to provide the company with an organic growth of nearly 30 per cent in European operations.
The pandemic-induced lockdowns have made us heavily reliant on e-commerce websites for our different needs. Notably, the lockdowns will be in effect in UK until mid-February 2021. The Company has shown strong performance in the first half of the financial year 2021, with 27.9 per cent increase in logistics operations. CLG continued same momentum in the period after and experienced an extraordinary level of activity in logistics operations on the eve of Christmas and Black Friday in continental Europe and the UK.
The company’s revenue from logistics business during November and December surged by 50 per cent compared to previous year for same period. CLG witnessed strong growth in non e-fulfilment services and e-commerce related activities.
- Ocado Group Plc (LON: OCDO)
Shares of UK-based online grocery retailer Ocado Group surged by nearly 8.5 per cent since January 2021. In the past 52-week period, OCDO shares have delivered a triple-digit return of 111 per cent.
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The pandemic has transformed the way we shop today, and the grocery landscape has changed in the past one year. Most of the people in the UK will continue to purchase things online even when the pandemic is over, according to a recent survey by CH Robinson. Ocado recorded strong demand for online grocery in the UK, which translated into Retail revenue growth of 35 per cent during 2020. Ocado is well poised to deliver best consumer experience, sustainable and economical products with high levels of hygiene in the post-vaccine world.
