Mayberry Investments is one of the latest stocks to be added to the buy rated list based on stability in earnings, but mostly based on what seem likely to be improvement in the Jamaican stock market going forward and the gains that could accrue to the company if trading levels and stock values pick up.
Scotia Trinidad and West Indian Tobacco were restored to the list with expected higher earnings in 2015 than in 2014 as well as Scotiabank’s fall in price below $60 per share.
Jamaica’s junior market stocks get expanded, partially based on where prices are now and reasonable profits generated for 2014 so far, with increased earnings likely in 2015. Paramount and Medical Disposables were elevated to BUY RATED and Access was restored to the list.
The Jamaica Stock Exchange is being watched for a possible upgrade form Market Watch to Buy Rated.
More stocks added to buy rated list
December 1, 2014 by
Trackbacks
-
[…] were 8 securities that had no stocks being offered for sale. In trading on Tuesday, IC Insider BUY RATED General Accident closed with 640,683 shares trading as the price ended 15 cents higher at $1.80, Lasco Financial saw […]
-
[…] since with flat assets. Earnings per share amounted to $2.50 for 2014. The stock remains on the Buy Rated list with earnings per share of $2.75 projected for 2015 and a target price in the around $45. A final […]
-
[…] the day at a new 52 weeks’ high of $23, also closing at a new high for the last twelve months is IC Insider BUY RATED West Indian Tobacco that gained 1 cent to $121.26 while trading 116 shares. The other stock gaining […]
[…] onwards where the exciting times will be, this why IC Insider moved the stock from Market Watch to Buy Rated. For the nine months to September last year, the JSE reported profit for the quarter of $11 million […]