Thursday tips round-up: Autonomy, Domino Pizza, Games Workshop

Given the way Autonomy shares have performed, there is always the risk that investors are buying the stock at the top of the market. On the other hand punters should be encouraged to back winners. On an earnings-per-share basis, for example, Autonomy outperforms both the European and global software sectors according to house broker UBS. Buy, says the Independent.Investors may want to chew over the fact that Domino Pizza's shares are still pricey and trade on a price-to-earnings multiple of 21.2 times full-year forecast earnings. Given that, the Independent says it would not expect an explosive 2010 for its shares, but management's track record of delivering the goods - and pizza - during the recession means a slice of Domino's is recommended for long-term investment plans. Buy.The Telegraph agrees. The shares are yielding 2.7pc, so there's plenty of scope for increase, it says. Buy.Games Workshop is enjoying steady growth in the royalties it earns from licensing titles to computer games developers, such as Electronic Arts and THQ. The longer-term appeal is that Games Workshop's lower rate of capital and operating expenditure from here means that any improvements in sales will drop straight to the bottom line. However, at 332½p, up 77½p, or 11 times earnings, look to buy lower down, writes the Times.The Independent says it would continue to hold, although it would not put investors off from buying more.The $315 million acquisition of Optimum two years ago has left Glanbia with higher net debt than its peers ? around €471 million on the 2009 year-end forecast of Oriel Securities. However, at €2.89, or nine times 2010 earnings, the shares remain reasonably priced. Buy, says the Times.Cape has a strong position on Woodside's Pluto liquefied natural gas project, and is well placed to pick up work on Chevron's Gorgon scheme, as well as onshore industrial jobs in eastern Australia. However, it will probably be another year before investors can judge whether its gambit Down Under has worked. In the interim, Cape can draw on the long-term maintenance contracts in the UK and the Middle East that account for the majority of current profits. At 258¾p, up 16¾p, or 7 times forecast 2010 earnings, hold on, writes the Times.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.