Wednesday Tips- Barc Stockbrokers2 Mar 2011 12:26
GKN has a strong balance sheet, a good emerging-markets presence that should help to take up the slack elsewhere, and the benefit of aerospace growth taking off just as the resurgence in the auto industry begins to settle down. Moreover, the shares remain affordable, trading as they do on a forward-earnings ratio of 10.1 times. With plenty of ground still to make up from recessionary falls, there is still much headroom for future gains. Don't give in to temptation to take profits. Buy says the Independent.