Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



3 Shares Set to Beat the FTSE 100 Today

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

LONDON -- After crashing through 6,000 points and then busting the 6,100 barrier, where will the FTSE 100 (FTSEINDICES: ^FTSE  ) go next? Well, it's edging ever closer to 6,200, having hit yet another 52-week high today of 6,184 before dropping back a few points to 6,177 as of 8 a.m. EST.

Markets were boosted by the Bank of Japan's announcement of a new quantitative-easing policy, due to take effect at the end of its current stimulus package. It has also targeted an inflation rate of 2% to try to beat the deflation that has been crippling Japanese demand.

But what of individual companies? Here are three constituents of the various FTSE indexes that are having a good day today.

Ocado (LSE: OCDO  )
Online supermarket Ocado has seen its shares boosted by 5% to 100 pence by midday after announcing a new arrival to the company's board of directors. The newcomer is none other than Sir Stuart Rose, ex-boss of Marks & Spencer. Sir Stuart will take on the role of nonexecutive director effective from March 11 and will replace Lord Grade as chairman on May 10.

The appointment comes at a time when Ocado is on the verge of doubling its capacity with the opening of its long-awaited new warehouse and order-processing center, and many will see the firm as entering a critical stage in its development.

Blinkx (LSE: RTHM  )
Shares in video technologist Blinkx, a constituent of the Fool's Beginners' Portfolio, has perked up 3.9% after the company announced the full roll-out of its new website. Beta testing of the new site, which is aimed at providing "personalised, curated content," has apparently been successful, with a big improvement in traffic from mobile devices.

The Blinkx share price has been pretty flat so far in 2013 following a strong second-half advance in 2012. Forecasts for the current year are still modest, as the company's technology is still in its early stages, but strong earnings forecasts should hopefully start to kick in from next year.

Lo-Q (LSE: LOQ  )
Lo-Q, the company that provides queuing technology for theme parks, has picked up 1.5% on the announcement of a new contract win. Dollywood's Splash Country will start using Lo-Q's water park offering for an initial three-year trial period starting with its 2013 season. Also, the firm's existing contract with Dollywood itself has been extended for another two years to 2015.

Shares in Lo-Q have done remarkably well over the past few years, providing close to a 20-bagger for those who invested in 2008 before the recent climb got under way.

Daily gains from shares can all play their part in making you your first million. But the real secret to becoming rich from shares is simple long-term investing in fundamentally sound companies and letting steady growth and dividends power your wealth upward. If you don't think a million is feasible, read this free Motley Fool report and see if you change your mind. The report won't cost you a penny, so click here to have a copy delivered to your inbox while it's still available.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2206875, ~/Articles/ArticleHandler.aspx, 9/30/2016 11:31:34 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
LOQ $0.00 Down +0.00 +0.00%
Lo-Q CAPS Rating: No stars
OCDO $264.50 Up +1.40 +0.53%
Ocado Group CAPS Rating: No stars
RTHM $36.25 Up +1.25 +3.57%
RhythmOne CAPS Rating: No stars