The commercial aerospace recovery is gaining momentum, Nomura Securities believes, and the recent market pullback provides a good opportunity to buy into some of the mid-cycle aftermarket names that should see good earnings momentum in the second half of this year, the broker believes.
Meggitt is its new top pick in the sector, with the broker expecting the group's sales to rebound strongly in the second half of this year. The stock's recent underperformance represents an attractive buying opportunity, the broker claims.
Stockbroker tips from ShareCast
Broker snap: Meggitt is Nomura's top aero pick
Recent articles
-
Broker snap: Vodafone's a must-have for telecoms investors, says Nomura
Thu 09 February 2012 12:24 -
Broker tips: Vodafone, Hargreaves, Tate & Lyle
Thu 09 February 2012 12:26 -
Broker snap: Panmure sweetens target for Tate & Lyle
Thu 09 February 2012 11:43 -
Broker snap: Hargreaves' first half in line, says Peel Hunt
Thu 09 February 2012 11:26 -
Thursday broker round-up - UPDATE
Thu 09 February 2012 11:14
Stockbroker tips: Most read
-
Broker tips: BT, Misys, GAME
Fri 03 February 2012 11:27 -
Broker tips: ARM, Whitbread, Premier Oil
Mon 30 January 2012 11:25 -
Broker tips: Glencore, Shell, 888
Mon 06 February 2012 12:44 -
Broker tips: N. Brown, Aveva, Max Petroleum
Fri 27 January 2012 11:31 -
Broker tips: ARM, Afren, Heritage Oil...
Tue 31 January 2012 11:52
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
Market latest
FTSE 100 | FTSE 250 | All Share
| FTSE 100 | 5,895.47 |  |
+0.33% |
| FTSE 250 | 11,234.57 | |
+0.65% |
| FTSE All Share | 3,046.11 | |
+0.39% |
| Dow Jones | 12,890.46 | |
+0.05% |
| NASDAQ | 2,927.23 | |
+0.39% |
| Xetra DAX | 6,788.80 | |
+0.59% |
| Paris CAC 40 | 3,424.71 | |
+0.43% |
| Nikkei 225 | 8,966.43 |  |
-0.40% |
| Hang Seng | 20,892.17 | |
-0.56% |
Hang Seng disclaimer l Prices delayed by at least 15 minutes
FTSE 100
| AMEC plc | 1110.00 | |
+3.64% |
| BG Group plc | 1491.50 | |
+3.15% |
| Petrofac | 1517.00 | |
+3.13% |
| Schroders plc | 1650.00 | |
+2.48% |
| Admiral Group | 985.00 | |
+2.13% |
| Tate & Lyle plc | 672.50 | |
-3.24% |
| Evraz plc | 428.80 | |
-2.99% |
| British Land Co plc | 497.00 | |
-2.17% |
| ICAP Plc | 381.40 | |
-1.95% |
| Rolls Royce Holdings Plc | 770.00 | |
-1.91% |
| Lloyds Banking Group plc | 253,030,158 |
| Royal Bank of Scotland | 121,821,342 |
| Vodafone Group Plc | 118,819,990 |
| Barclays plc | 49,916,259 |
| Centrica Plc | 27,408,245 |
Articles on the economy and stock markets
No results were found