2 FTSE 250 shares to buy now
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The
FTSE 250 index can be a great place to find lucrative investment opportunities. This index, which contains the largest 250 stocks on the
London Stock Exchange outside the
FTSE 100, is home to some top companies.
Here, I’m going to highlight two FTSE 250 shares I’d buy right now. Both of these companies have strong momentum right now and their share prices are trending up.
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A top FTSE 250 tech stock
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Posted on May 3, 2021 by Nick Farrell - News
Hatfield-based reseller Computacenter while it is “extremely pleased” with its profit growth in the first quarter, a weak US dollar will pressure profits this year.
The outfit said there had been a “strong demand across the business” – especially for its professional services business in both the UK and Germany and strong revenue growth for its Technology Sourcing business in the UK.
Computacenter said its US operations and the recently acquired Pivot TS business have performed “ahead of expectations” and remain on track despite being “a lot of work to do”.
Another bugbear was the weakness of the US dollar puts unavoidable pressure on its US business and is expected to impact full year profit “by approximately £4 million” if it stays at its current level.
Computacenter confident after first quarter but warns on weaker dollar
Thu, 29th Apr 2021 10:04
(Alliance News) - Computacenter PLC on Thursday said it has seen strong demand in the UK and Germany, but cautioned on currency headwinds due to dollar weakness.
Shares in the company were 0.3% lower at 2,632.00 pence each in London Thursday morning.
The Hatfield, England-based computer services provider said it was pleased by its profit growth in the first quarter ended March 31. There has been a strong demand across the business particularly for our Professional Services in Germany and the UK, and significant revenue growth in Technology Sourcing in the UK. The cost base reductions we experienced since the start of the Covid-19 pandemic have been maintained through the quarter, Computacenter said.