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Published on Oct 17, 2016
Tim
Harrison, Head of Wealth Management at Linear Investments joins Tip
TV’s Zak Mir to discuss the stock picks for the week – Burberry and
Asos.
Key points:
Burberry
Rallied 50% since Brexit mainly due to Sterling slide. Like the company… not much interest personally
Fundamentally company is on a much strong footing. Benefits from the foreign inflow of money
Vulnerable to a dramatic fall if there is a slight bearish sentiment in the results due for release tomorrow
Asos
Smaller version of Amazon…focused on clothing
Large
portion of revenue comes from outside, hence we could see a positive
set of figures (earnings), but caution is advised since it is a thinly
traded stock
Tip TV Finance is a daily finance show based
in Belgravia, London. Tip TV Finance prides itself on being able to
attract the very highest quality guests on the show to talk markets,
economics, trading and investing, keeping our audience informed via
insightful and actionable infotainment.
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