|Bid||351.50 x 0|
|Ask||353.00 x 0|
|Day's Range||350.50 - 355.74|
|52 Week Range||125.75 - 391.50|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||34.70|
|Earnings Date||Apr 04, 2021|
|Forward Dividend & Yield||0.03 (0.87%)|
|Ex-Dividend Date||Nov 19, 2020|
|1y Target Est||1.48|
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
A quadrupling in the share price of two of our holdings since their first appearance in the Questor column shows the potential of Aim when things go right (we also know to our cost what can happen when they don’t, as with our total loss on Conviviality in 2018). Admittedly one of these two stellar stocks, Gamma Communications, has gained “only” 185pc since its addition to our IHT Portfolio in January 2018 as opposed to its recommendation to the wider readership 14 months previously, since when it has gained 307pc. The other, Volex, has delivered a 315pc gain since we tipped it for its tax benefits in August 2018. Both have updated investors on trading recently. Update: Volex Volex, which makes cable assemblies for applications such as medical equipment, electric vehicles and data centres, has enjoyed a spectacular recovery in recent years and the good news just keeps coming. In a trading statement last week it said sales for the year to April 4 would be at least $440m (£318m) while underlying operating profit was expected to be at least $41m, “ahead of the most recently guided range”. Last year’s figures were $391m and $32m respectively, which makes for increases of 12.5pc and 28.1pc. The performance of its products for electric vehicles was particularly impressive: sales grew by 187pc compared with the previous year as the company “expanded our customer base and product offering in this market”. “There has also been an overall stabilisation in demand from our core medical and industrial markets as well as healthy year-on-year growth from data centre customers as the trend towards home working continues,” the firm added.
Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality...