(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of electronics manufacturer Solid State to its readers.
"Solid State shares have risen over the years but, at £12.60, there is plenty of room for further rewards.
"[Chief executive officer and finance director] [Gary] Marsh and [Peter] James are a strong team, the business is well regarded and the push overseas is already delivering results. Buy."
Marsh and James's stated aim was to deliver shareholder returns in excess of 20% each year until 2030.
Worth noting, a prior goal, set in 2018, to double group earnings over five years was surpassed in 2022.
Just last week they got off to an auspicious start, reporting record results for the year ending on 31 March as sales jumped by 48% and profits by half.
And while the duo was "extremely fussy" when it comes to potential deals, they were eyeing up some interesting purchases.
Last summer, Solid State bought US-based Custom Power, in a bid to reap the rewards from the Biden administration's Inflation Reduction Act and the drive towards renewable energies and electric vehicles.
The Sunday Times's Lucy Tobin recommended shares of digital infrastructure fund Cordiant Digital.
She noted how the shares had been dumped amid the rise in interest rates during the past year, pushing their value 25% below that of its portfolio.
Yet few would deny the importance of its assets, including telecoms towers, data centres and fibre networks, she argued.
Furthermore, the company's portfolio companies had delivered 8% growth in revenues for the year to April and announced a 4.0p dividend payout, three years ahead of schedule.
"The racing pace of tech development brings risks as well as benefits to Cordiant. It would be hammered if fibre networks become outmoded or regulators set out price controls on digital infrastructure," she said.
"The opportunities, though, are vast: as tech adoption swells, AI penetration kicks in and autonomous vehicles roll out, data transfer will grow. Plug into Cordiant Digital."
Cordiant Digit. (CORD)
Solid State (SOLI)