3 Hot Stocks You Bought Today

LONDON -- "Platinum Miners Won't Be This Cheap Forever," wrote Fool writer Roland Head in mid-July. Indeed so -- but that doesn't mean they have to start rising immediately. And following an intensification of the very labor disputes that Roland presciently warned of, shares in Lonmin (LSE: LMI.L  ) were the fifth-most popular buy among private clients of stockbroker TD Direct Investing between the market's opening and noon.

Trading at 620 pence this morning as opposed to 694 pence a month ago, Lonmin shares have had a torrid time. And the recent killings of mine workers won't help a boardroom agenda that is already challenged by concerns over output levels, a CEO who has been hospitalized, net debt levels close to banking covenants, and high capital-expenditure requirements. Is this a bargain or an imminent rights issue waiting to be called? We'll see.

There's a clearer picture when it comes to the sixth-most purchased share by TD Direct Investing's private clients this morning. Vodafone (LSE: VOD.L  ) -- always a popular pick among income investors -- could be set to receive a 2.9 billion pound special dividend from Verizon Wireless, a joint venture with America's Verizon. The reason? American regulatory approval of a wireless bandwidth acquisition by Verizon Wireless.

Finally, mining giant Xstrata (LSE: XTA.L  ) made an appearance as the seventh-most popular pick by the broker's clients this morning. Also with a generally beaten-down share price -- down almost a third since February -- Xstrata faces two problems. For one, there's the question of its own 25% stake in Lonmin and that company's possible future rights issue. Two, there's the small question of the merger with Glencore, which already owns a third of Xstrata. A growing stake by the Qatar government -- which now stands at almost 12% -- is making the Glencore merger increasingly unlikely, prompting a 4% fall in Xstrata shares this morning.

Finally, what are super investors Neil Woodford and Warren Buffett buying today? We can't tell you that, but we can tell you the names of the shares that they've been buying in the recent past -- and why they've been buying them. So download this free report to discover the shares that interest Neil Woodford right now, and this free report to learn the name of the British share that Warren Buffett has been buying recently.

Are you looking to profit from this uncertain economy? "10 Steps To Making A Million In The Market" is the very latest Motley Fool guide to help Britain invest. Better. We urge you to read the report today -- it's free.

Investing ideas from Malcolm Wheatley:

Malcolm has no disclosable interest in any of the shares listed. Motley Fool newsletter services have recommended buying shares of Vodafone Group. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Disclaimer: The TD Direct Investing ( list of Top Ten Buys should not be taken as a recommendation to buy or sell any particular bond or stock, and is not intended as any form of advice. Instead, it is simply an indication of the general buying trends amongst TD Direct Investing customers during the period stated.

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.

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: 1989523, ~/Articles/ArticleHandler.aspx, 5/30/2016 8:52:44 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...

Today's Market

updated 2 days ago Sponsored by:
DOW 17,873.22 44.93 0.00%
S&P 500 2,099.06 8.96 0.00%
NASD 4,933.51 31.74 0.00%

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