- 49 companies in the FTSE All Share index pass at least six of our momentum tests
- Pandemic winners with continued good prospects and stimulus beneficiaries rank highly
US-focussed plant hire business Ashtead (AHT) has been flagged with a perfect score of 8/8 against our price and earnings momentum screen. The business looks well placed to benefit from stimulus as the Biden administration sets out its plans for America’s economic recovery after coronavirus.
Clipper Logistics (CLG) has been a star of these screens for months now and its e-fulfillment and returns services are inspiring confidence among analysts, even looking beyond the pandemic.
The same is true of Topps Tiles (TPT), which benefits from home improvements but that could be a trend that continues in a recovery as households put cash savings to work.
Future (FUTR) is another company to pass all eight large cap tests. The publisher has won plaudits for its successful digital transformation. The continued optimism of analysts suggests confidence that the business can successfully integrate its acquisition of comparison website GoCompare.
On Aim, Impax Asset Management (IPX) and Ergomed (ERGO), which provides drug development services to the pharmaceutical industry, still both score 8/8 against our tests for smaller companies.
The other Aim company to get full marks this month is Cerillion (CER). The software provider specialises in billing and customer relationship management services for the telecommunications industry. Analyst sentiment has become steadily more positive for this small company.
Download PDF
