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 Today

LONDON -- The FTSE 100 (INDEX: ^FTSE  ) is up about 0.2% as of 10 a.m. EST, reversing yesterday's small drop. But with little economic news of late and few big companies reporting, there's not a lot going on to drive the index of top U.K. stocks in any direction.

But whatever the index is doing, plenty of individual shares are doing just fine -- at least for today. Here are three names whose share prices are rising and look set to beat the FTSE.

Chemring (LSE: CHG.L  )
Chemring shares perked up 4% to 239 pence today -- a welcome move that saw a little of this year's 45% loss regained. The aerospace and defense engineer admitted in a trading update this morning that the company's performance during 2012 was "extremely disappointing," but at least the full year should be no worse than current expectations.

A "significant" operating cash inflow in the final quarter helped, though the firm is still facing pressure from reduced defense spending in the U.S., the U.K., and Europe. But even with all that, City forecasts put the shares on a price to earnings ratio of less than six, so there could still be a decent long-term bargain there for the brave.

Renew  (LSE: RNWH.L  )
Renew gained 5.5 pence for a nice 7% rise to 87.5 pence following the release of full-year results. The engineering contractor saw revenue fall 4% to 337 million pounds but reported a 22% underlying-profit jump to 10 million pounds, with adjusted earnings per share up 43% to 7.9 pence. The dividend was raised by 5% to 3.15 pence per share, offering a yield of 3.6% at the current share price.

The firm was pretty optimistic in its outlook, too, suggesting that its plans for growth, partly by acquisition, are going well.

St Ives (LSE: SIV.L  )
St Ives added 2% to reach 105.5 pence after the marketing and print group said its current financial year had gotten off to a good start. Although revenue is running flat, changing the mix of business away from commoditized print services and toward marketing services has boosted margins, and operating profits are ahead of the same period last year.

The share price is up around 20% on the year, but forecasts still put the shares on a P/E of only 6.3, and so far it's looking like City profit expectations are realistic.

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 making 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.

Alan Oscroft does not own any shares mentioned in this article. 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.

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: 2128417, ~/Articles/ArticleHandler.aspx, 10/26/2016 11:16:33 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 18,199.33 30.06 0.17%
S&P 500 2,139.43 -3.73 -0.17%
NASD 5,250.27 -33.13 -0.63%

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

10/26/2016 11:35 AM
^FTSE $6958.09 Down +0.00 +0.00%
FTSE 100 CAPS Rating: No stars