5 FTSE AIM stocks to buy: GOOD, PHE, JLH, ABDX and KWG

Highlights 

• AIM index has rewarded investors with high returns and established itself as a successful market for high growth companies.
• Good Energy Group Plc, Powerhouse Energy Group Plc, John Lewis of Hungerford Plc, these are some of the stocks on AIM, which have been buzzing recently.

Over the years, AIM has grown into the most successful market for dynamic high growth companies and also rewarded investors with high returns. The most important aspect of investment in AIM listed stocks is that they offer an opportunity to invest in companies early on. As most of the AIM companies are in the growth phase, they help build the value of both the investors as well as for the company over the longer period.

Let us look at AIM listed stocks that should be on the investors’ radar:

Good Energy Group Plc (LON:GOOD)

The company engages in the generation and distribution of renewable energy. It currently owns six solar generation sites, two wind farms and also source its electricity from the independent UK generators.

The company presents a strong investment opportunity, as demand for renewable source of energy is on the rise globally. Businesses and countries across the world has strong focus on becoming the carbon neutral and net-zero emission by 2050. The company’s management continue to invest in energy service and range of innovative projects to drive future profit growth.

Shares of Good Energy Group Plc currently trades at GBX 328.50, down by 0.46% on 13 August at 8.35 GMT+1 with a market cap of £54.92 million.

Powerhouse Energy Group Plc (LON:PHE)

The company provides the technology for converting waste plastic into valuable products such as hydrogen, electricity and other industrial products.

The company enables investors to participate in the hydrogen recycling products as it is the only UK-listed company to commercialise hydrogen production. The company has recently acquired a 48% share capital of Engsolve Limited, an engineering design and support firm for the total cash consideration of £99,990.

Shares of Powerhouse Energy Group Plc currently trades at GBX 4.45, up by 5.95% on 13 August at 8.35 GMT+1 with a market cap of £165.06 million.

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John Lewis of Hungerford Plc (LON:JLH)

The company manufactures and retails home furniture and kitchen cabinet in the United Kingdom. It markets and sells its products through online website and shops located at different location.

Covid-19 pandemic impacted the company’s revenue and profitability last year but with ease in lockdown the company was able to reopen most of its shops and operate at full capacity, posting profit before tax in second half ended 30 June 2021. The board is optimistic about the future sales and at present the forward order book stands at £4.7 million.

John Lewis of Hungerford Plc shares trade at GBX 1.28, down by 5.56% on 13 August at 8.35 GMT+1 with a market cap of £2.62 million.

Also Read: 7 top AIM-listed dividend payers

Abingdon Health Plc (LON:ABDX)

The company develops and manufactures the medical diagnostics products like rapid test kit for Covid-19. The company also provide technology transfer, and manufacturing service to its clients.

The company came into limelight recently as its products are used in Covid-19 testing, and it also does contract manufacturing of Covid-19 test kit, as a result the company saw its revenue growing by 123% at £11.6 million (FY 2020: £5.2 million) for the year ended 30 June 2021. The company has established itself firmly into the market during the Covid-19 by taking the opportunity to produce rapid test kit.

Abingdon Health Plc shares trade at GBX 29.50, down by 1.67% on 13 August at 8.35 GMT+1 with a market cap of £28.71 million.

Kingswood Holdings Ltd (LON:KWG)

The company offers a range of investment and wealth management products with total assets under management of £6.1 billion and serves close to 8000 clients across different cities.

The group revenue was up by 153% at £25.5 million for the period ended 31 December 2020, while its operating profit was at £0.9 million. The company has recurring income of almost 61%, providing a strong, annuity style fee stream for the group. During the period, the company has announced acquisition of Admiral Wealth Management Limited, which is a financial planning company based in North Lincolnshire, for the total cash consideration of £4 million.

Shares of Kingswood Holdings Ltd currently trades at GBX 31.0, on 13 August at 8.35 GMT+1 with a market cap of £67.25 million.