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?
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.
Whitbread plc logo Analysts at Morgan Stanley upped their target price on shares of Whitbread plc (LON:WTB) from GBX 5,200 ($77.69) to GBX 5,800 ($86.66) in a research report issued to clients and investors on Thursday.
Whitbread (LSE: WTB) expects its earnings to grow 14% for year to February 2015 and a further 14% the year after that. The firm's progress over recent years is remarkable, powered by its fast-growing hospitality brands, Premier Inn and Costa, which ...
... Deloitte LLP in the future." Whitbread employs 45,000 people across the UK. In the year ended 27th February 2014, Whitbread PLC reported a 13.0% increase in group revenue to �2,294.3 million and underlying profit before tax of �411.8 million up 16.5%.