Shares in Enterprise Inns (LSE: ETI) have been up by as much as 6% today after the pub company released a satisfactory update. It reaffirmed its full year guidance and commented that restructuring was going ahead as planned and on target.
Good-quality companies with consistent performance and attractive financial characteristics rarely sell cheaply, but periods of market weakness can provide an opportunity to buy the shares a little lower.
Its interim management statement for the 13 weeks to 28 May showed why Whitbread (LSE: WTB) deserves plenty of attention: like-for-like sales growth at Premier Inn and Costa stands at 6.3% and 5%, respectively.
With the FTSE 100 falling to its lowest level in 2015, now may be the perfect opportunity to buy quality companies on the cheap. The share prices of quality companies may not have fallen as much as commodity-related or cyclical shares, but quality ...
I don't think a big correction in the equity markets is likely, but certain stocks - such as those of NEXT (LSE: NXT) and Whitbread (LSE: WTB) - may come under pressure, even if the FTSE 100's rally continues. Here's why.
Answering the question, 'what strategy to follow and when to apply it' is an age-old investor dilemma. Should we buy a firm down on its luck, such as Balfour Beatty (LSE: BBY), in the hope that a trading recovery could send the share price rocketing?