Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Skip main menu Accessibility www.hl.co.uk | Cookie policy | Contact us

Hargreaves Lansdown

Press tips

Press tips from ShareCast

Sunday share tips: Moneysupermarket, Impax

26 May, 2024 18:16

A A A

(Sharecast News) - Lucy Tobin at the Sunday Times tipped shares of Moneysupermarket, arguing that the energy sector would recover at some point.



The shares' valuation of 11 times 2025 earnings, versus 20 times in 2019, also meant that the gloom had already been discounted.

Analysts at Barclays were of the same view, calling the price comparison website "a cheap stock".

Moneysupermarket's shares had fallen year-to-date, after management said that car insurance quotes were stabilising after the rapid inflation in 2023.

The government's energy price cap after Russia's Ukraine invasion had frozen that business stream, which at one point had generated £50 of annual turnover.

But a recovery in energy would kick in at some point, according to Tobin.

In parallel, over time the company's new loyalty scheme should help limit its heavy marketing spend and the bedding-in of acquisition like Quidco was broadening its market share.



The Financial Mail on Sunday's Midas column recommended that readers "buy and hold" onto shares Impax Environmental Markets, touting the company's mix of green credentials and commercial nous.

Impax was invested in multiple outfits, including DSM-Firmenich, the maker of a digestion aid for cattle that can slash methane emissions by nearly half.

Other investments included small and mid-sized firms with an environmental twist, whether it be handling hazardous waste in the US or reusable pallets in Australia.

Midas also called attention to Impax's manager, Jon Forster, who had been at the business since 2002.

So too, the tipster highlighted how Impax focused on listed but lesser known companies.

"They gain access to businesses that would otherwise be hard to find and these firms are more likely to deliver faster growth over time," Midas explained.

One source of concern for some observers was a possible Trump administration but the company had managed to grow consistently the last time that Trump was in office.





Important information

Spread Betting and CFD trading carry a high level of risk to your capital; you should ensure you understand the risks involved. Please read the full risk warning.

Have a question?

Call us on 0117 988 9915
8.00am to 6.00pm (Monday to Friday)

HL Markets account holders
Call us on 020 7573 0055
Email us


ShareCast

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 interday chart FTSE 250 interday chart FTSE All Share interday chart
FTSE 100 8,822.91 price-negative 0.00%
FTSE 250 21,557.34 price-negative -0.67%
FTSE All Share 4,799.96 price-negative -0.09%
Dow Jones 44,828.53 price-positive +0.77%
NASDAQ 20,601.10 price-positive +1.02%
Xetra DAX 23,787.45 price-negative -0.61%
Paris CAC 40 7,696.27 price-negative -0.75%
Nikkei 225 39,797.55 price-positive +0.03%
Hang Seng 23,916.06 price-negative -0.64%

Hang Seng disclaimer l Prices delayed by at least 15 minutes