3 Shares Set to Beat the FTSE 100 Today

LONDON -- After ending last week on a closing high of 6,484 points, the FTSE 100 (FTSEINDICES: ^FTSE  ) is creeping still higher, up 0.18% to 6,495 as of 8:40 a.m. EDT. The index of top U.K.

But if the FTSE is crawling, there are plenty of individual companies leaping. Here are three on the rise today.

SOCO (LSE: SIA  )
It turns out that 2012 was a pretty good year for SOCO International, even if news of a 166% rise to record revenue to $621.6 million only added 2.1% to the oil firm's share price, taking it to 385 pence. Pre-tax profit from continuing operations also more than doubled, up 134% to $207 million.

Chief executive Ed Story told us: "The financial and operating results for 2012 demonstrate the transformation of this Company. With the TGT field's average gross production now over 50,000 BOEPD, the record revenues, cash flow and profitability speak for themselves." He also said he expects "more substantial future growth opportunities."

Ladbrokes (LSE: LAD  )
Ladbrokes shares put on 7.6% to 242 pence after announcing an extended partnership with Playtech (LSE: PTEC  ) , whose shares 2.8% on the news. The deal is intended to be "the next phase in the reinvigoration of Ladbrokes' Digital business" and covers two separate agreements.

The partnership will make use of Playtech's marketing expertise, with Playtech providing marketing and advisory services and Ladbrokes setting up a new e-commerce and marketing operation based in Israel. At the same time, Ladbrokes has extended its licensing of Playtech's software technology, part of which will see Ladbroke's website provide access to Playtech casino and gaming offerings.

Morrisons (LSE: MRW  )
Wm. Morrison Supermarkets picked up 1.8% on the news that U.K. investor Neil Woodford has bought into the company ahead of Morrison's full-year results, which are due this Thursday.

Morrison shares have slumped over the past year as the company continues to lose market share to Tesco and J Sainsbury and has poorer earnings figures forecast. But there are many, apparently including Woodford, who think the shares are oversold. With the shares on a price-to-earnings ratio of less than 10, he might be right.

When we see shares rising like these, attention turns to investing in growth possibilities (though a side helping of dividends is always a welcome addition). But finding companies that have not yet achieved their full potential is not always easy, which is why The Motley Fool's best analysts have put their heads together to bring you their top growth selection for 2013. You can find out what it is completely free of charge, but the report will be available for a limited period only. So click here to get your copy today.


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

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.

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: 2304418, ~/Articles/ArticleHandler.aspx, 10/23/2014 10:09:57 AM

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...


Advertisement