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The best stocks to buy since 1993

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AO World - Second upgrade in as many months

March 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.

  • Epic Code:
  • AO.
  • Price:
  • 74.5p
I have been trying to arrange a meeting with AO in the past two months, but have been beaten to the punch in that time with two unscheduled updates for FY23, each of which has raised guidance on the back of higher retail gross margins, cost savings coming through quicker than anticipated and mobile RPI price increases coming in ahead of assumption. Jefferies’ EBITDA estimate has now risen by 70% since the summer. Ahead of a forthcoming write-up, the shares are a buy. ...

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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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