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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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JD Sports

February 2010

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:
  • JD.
  • Price:
  • 616p
JD Sports, which runs a chain of more than 400 shops selling sports fashion clothing and footwear across the UK, is quickly evolving into one of the new stars of the High Street. Following a sparkling trading update, which noted a 6.6% rise in like-for-like sales over the five weeks to 2 January, brokers have upgraded their pretax profit forecast from £56m to £63.1m for the year to 31 January 2010. Meanwhile, the year starting 1 February has seen a sizeable upgrade from £58.5m to £66.1m. JD operates from three divisions: Sports Fascias, its core business and two supporting activities comprising: Fashion Fascias and Wholesale. The main driver of JD's success has been the Sports division, which even in the se ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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