BUY THIS: Cineworld
Peel Hunt believes investors should buy shares in cinema operator Cineworld.
In a trading update, the firm reported a 15 per cent increase in profits this week and brokers believe its imminent acquisition of rival Regal will boost profits further.
Sitting pretty: In a trading update, Cineworld reported a 15 per cent increase in profits
Peel Hunt says: ‘Management have a strong record for generating good returns from acquisitions.’
SELL THIS: Just Eat
Analysts at Deutsche Bank reckon now is the time to sell shares in Just Eat.
The takeaway firm this month announced a £50m investment plan to see off rivals Uber and Deliveroo.
But Deutsche says: ‘While we think this move is strategic to defend Just Eat’s leadership position against competition, it will come at the expense of profitability.’