FTSE Shares That Soared This Week

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 -- Despite falling 28 points on the day on Friday to 6,215, the FTSE 100 had its first positive week since it closed at 6,723 points on Friday, May 17 -- over the week it gained 99 points from the previous week's close of 6,116. Investors, it seems, have realized that the U.S. economy is actually likely to survive a cutting-back of the Federal Reserve's quantitative easing policy after all.

After our previous look at the FTSE showed us only falls, this week we'll be optimistic and look at just a few gains instead.

Vodafone (LSE: VOD  )
Vodafone gained 12 pence (6.4%) to end the week at 188 pence after the price followed the FTSE down and back up again over the past couple of weeks. But the price rebounded higher, partly after Deutsche Bank upgraded its recommendation and set a 217 pence target on the stock. Is that realistic? Well, with one of the best forecast dividends of the FTSE 100 of around 6%, and at a forward P/E of only 12, I wouldn't bet against it.

easyJet (LSE: EZJ  )
Investors in easyJet have had a great year, with shares in the low-cost airline having soared by 150% over the past 12 months -- and over the past week, the price picked up a nice 51 pence (4.1%) to 1,296 pence. The firm's recent announcement of a serious revamp of its fleet with the purchase of up to 235 new planes gave the company a boost, and sentiment is positive ahead of June passenger statistics due next week and a third-quarter update on July 24.

Serco Group (LSE: SRP  )
Outsourcing specialist Serco Group provided us with an update ahead of first-half results on Friday, giving the stock price a boost -- it ended the week up 30.5 pence (5.2%) at 616.5 pence after the company told us it should be reporting "strong organic revenue growth ahead of ... expectations." The upbeat start to the year has come largely as a result of a record level of new contracts last year. Full-year forecasts suggest a modest 2% rise in earnings, putting the stock at a forward P/E of 14, in line with the FTSE long-term average.

Schroders (LSE: SDR  )
Asset manager Schroders is in favor at the moment, with its shares finishing the week 85 pence (4.1%) ahead at 2,183 pence. The price had actually been slipping back a bit, but it's still up nearly 70% over the past 12 months. With analysts boosting their stances on the company, Schroders is currently forecast to record a rise of nearly 25% in earnings per share for the year to December, with a modest but well-covered 2.4% dividend on the cards. The forward P/E of 17 might look like a bit high, but there's further strong growth expected for 2014, too.

What now?
Dividends form a core part of many a successful long-term portfolio. Whether you need that income to live on or want to reinvest it for the long term, there's nothing wrong with collecting robust and attractive payouts. And that's what the Fool's top U.K. analysts have been looking for.

In fact, they have uncovered a stock offering a yield of 5%, which they have declared their "Top Income Stock for 2013." The full in-depth report is free and can be accessed immediately -- just click here.

The Motley Fool is helping Britain invest. Better. And with the economy so uncertain, we're urging everyone to read "10 Steps to Making a Million in the Market" -- it may transform your wealth. Click here now to request your free, no-obligation copy.

Further Motley Fool investment opportunities:

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: 2516505, ~/Articles/ArticleHandler.aspx, 10/25/2016 8:49:04 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 Moments ago Sponsored by:
DOW 18,169.27 -53.76 -0.30%
S&P 500 2,143.16 -8.17 -0.38%
NASD 5,283.40 -26.43 -0.50%

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

10/25/2016 12:01 PM
EZJ $927.58 Down -3.92 -0.42%
easyJet CAPS Rating: No stars
SDR $2865.65 Up +20.65 +0.73%
Schroders CAPS Rating: No stars
SRP $136.84 Up +0.94 +0.70%
Serco Group CAPS Rating: No stars
VOD $226.27 Up +2.87 +1.28%
Vodafone CAPS Rating: No stars