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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Inchcape - Global car distributor to benefit from pent up consumer demand

April 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • INCH
  • Price:
  • 761p
With the global economy likely to re-open in the spring, analysts believe there will be a “coiled spring” effect to retail spending as consumers spend some of the money they saved during lockdown. One beneficiary could be Inchcape, the world’s largest car distributor and retailer, which has shown remarkable resilience throughout lockdown; since last November it’s already issued three “ahead of expectations” statements, sending the shares to new highs.Inchcape was originally a 1980s style conglomerate, with a mix of odd bed-fellows ranging from shipping, electronics & mineral testing, petrol, textiles, insurance broking, car dealing and even Russian soft drink bottling. However, following the ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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