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GTCO, Dangote Sugar, Ardova top stocks to watch this week

GTCO, Dangote Sugar, Ardova top stocks to watch this week

PREMIUM TIMES has assembled a number of stocks with fundamentals and other potentials, adopting key analytical approaches to save you the hassle of randomly picking equities for investment.

According to PREMIUM TIMES, the selection which is a product of analytical market watch offers a guide to entering the market and taking strategic positions in hopes that equities will gain value with the passage of time, particularly in the short term. Information Guide Nigeria


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As reported by PREMIUM TIMES, this is not a buy, sell or hold recommendation. You may have to involve your financial advisor before taking investment decisions.

ARDOVA
Ardova appears on this week’s list for trading close to its lowest price in 52 weeks and on the strength of potential boost to its earnings power after its takeover of rival Enyo Retail and Supply Limited.

The stock is currently priced at N13.60 per unit.

UNITED BANK FOR AFRICA (UBA)
UBA makes the pick by virtue of trading well below its intrinsic value.

The lender’s EPS stands at N3.98 and its PE ratio at 2.04, with a unit price, is N8.10

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FIDELITY
Fidelity appears on this week’s list for currently trading well below its actual value, making it cheap for investment. It currently trades at N2.55, has a PE ratio of 2.25, and EPS of N1.13.

GUARANTY TRUST HOLDING COMPANY (GTCO)
GTCO makes this week’s pick for trading pretty close to its lowest price in 52 weeks and for currently trading below its real value, which makes it cheap for investment.

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The stock is priced at N25 per share, has a price-to-earnings (PE) ratio of 3.76 and earnings per share (EPS) of N6.65. Jamb Result

DANGOTE SUGAR
Dangote Sugar features on the selection on the basis of trading close to its lowest price in 52 weeks, making it a good entry point for potential investors. Its opening price on Monday is N16.45 per share.

(PREMIUM TIMES)

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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