Investors are far too pessimistic about the UK stock market’s long-term prospects. Certainly, inflation remains above target, interest rates stand at a 16-year high and the economy is experiencing a recession.
Since Questor first advised readers to buy Intertek just over a year ago, the FTSE 100 member’s share price has surged 23pc higher. In doing so, the provider of testing, assurance and inspection services to a wide range of industries has outperformed the index by 20 percentage points.