Thursday newspaper share tips: Next, One Savings Bank

(ShareCast News) - Shares in Next have been battered as markets price-in its exposure to the fall in the pound, which will make sourcing from outside the UK dearer, but the share price drop had been overdone, The Times's Tempus said.Then there is the potential impact of higher inflation on consumer spend to contend with.The fact that management is assiduous in keeping investors up to breast of evolving trends may also have played a hand in its recent share price drop.In part due to its very strong performance one year ago, total sales dropped by 3.5% in the third quarter.Yet comparisons are set to become easier going forward, given top-line growth of just 0.4% one year ago and the company is confident that it can limit price increases to roughly 5%.Markets have obviously taken a gloomier view of retailers in general following Brexit, but probably too much so.Indeed, the company has been able to keep profit forecasts steady through cost-cutting.Trading on 11 times' earnings and offering a yield of 6%, "unless you take a very gloomy view of the high street, that fall looks overdone."'Buy', Tempus said.One Savings Bank's specialisation in buy-to-let mortgages has afforded the lender a hefty premium versus its expected tangible asset value, Tempus mused.Furthermore, it has an "attractive" business model, Tempus agreed, but its high valuation meant immediate progress might be limited.'Avoid' was the tipster's advise.