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Growth Portfolio 3 - February 2023

February 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  As I handed over the draft to my fastidious PA to put the scores on the doors I had to grin because it has been a barnstorming month: GP3’s additions last month, Yu and musicMagpie, rocketed +52% and +39% as did LUCE, also +39%. Overall gain is 5.3%. Two changes to report this time: EMIS has been removed following the bid and I have deployed the cash by adding to MPAC, where news has improved. Turning to incremental data points from my calls, FY22 saw a shift back from online to physical stores (eg. Card and Shoe trumpeted amazing growth but apples to apples we had 52 weeks ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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