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Top Ten Retail Investor Buys & Sells for week ending 9 March 2007

9th March 2007 Print
Angus Rigby, Chief Executive Officer, TD Waterhouse, commented: “After last Tuesday’s jitters in the global markets, investor activity has been busy this week, particularly amongst key UK players in the banking sector.

“Investor interest in UK lender Lloyds TSB is buzzing this week after the group reported robust growth for 2006. Revenue has increased from £12.5bn to £14.3bn over the last year thanks to strong performances across all of the Company’s divisions. However, the share price slumped at the end of February during the lead up to full-year results, leaving investors somewhat divided on the stock. Collins Stewart recommends holding shares at 613p and our investors piled in on Tuesday to get on the share register ahead of Wednesday’s ex-dividend date.

“Elsewhere on the market, British Airways was popular amongst our traders this week. The company is bullish on the outlook for 2007, despite suffering a sharp dip in its share price earlier in the week amidst the news of an open-skies deal on trans-Atlantic air routes. BA’s Chief Executive Willie Walsh was quick to reassure concerned investors about the liberalisation of services which could be providing airlines such as Continental and Delta with access to Heathrow airport as early as October. Despite the recent blip, the share price has soared above 60 per cent over the past year reaching 515p with reports that revenues could rise by more than 5 per cent in the next 12 months.

“From the skies to sub terrain, FTSE 100 miner Xstrata has surged ahead this week, still profiting from renewed demand in copper and steel commodities in recent months. The Company reported a mammoth 119% increase in full year net profit on Tuesday thanks to climbing commodity prices in 2006. However, analysts are warning that industry consolidation could damage profits in the next financial quarter. This doesn’t appear to have crumbled the hopes of some investors who continue to buy into the stock this week.”

Top 10 Buys
1 Lloyds TSB
2 BP plc
3 Partygaming
4 Barclays
5 Vodafone
6 HBOS
7 Aviva
8 British Airways
9 Royal Bank of Scotland
10 Xstrata plc

Top 10 Sells
1 Partygaming
2 BP plc
3 Lloyds TSB
4 Vodafone
5 Royal Bank of Scotland
6 BT Group
7 Xstrata plc
8 British Airways
9 Sainsbury J
10 HSBC Holding