Citi picks 'sweet 16' stocks for investors to play pre-Brexit UK. Companies with overseas and especially emerging markets exposure are the way to play the UK's next economic phase, Citi said on Tuesday, picking a 'sweet 16' large and small cap stocks to buy. The world has shifted from a prolonged period of mixed and disappointing growth to a new phase of synchronised global growth. At the same time, the pre-Brexit UK economy has slowed. Johnson Matthey is seen as unfairly out of favour due to worries about diesel and has potential in batteries.
sp has not lifted off today following good news about hurricanes and notification about IPO of pipeline assets in USA. Cannot believe both were priced in. Anyone any idea why about muted response to both ?
Appleby - many thanks for pointing out the article. In brief, allowing for expansionary capex, MARS divi is not covered by free cash flow. Implications obvious.