Bloomsbury Publishing
(The Mail on Sunday) Harry Potter continues to work his magic for this publisher, which is profiting from housebound Britons looking for a good read. Profits rose by 60% on the year in the six months through 30 September and Christmas should herald a new wave of book buying. Bloomsbury’s cookery titles have also enjoyed an excellent year, while the digital academic division has benefited from the demands of remote learning. Bloomsbury’s own investment story, then, is also compelling. Buy
(279p).
Carvana
(The Sunday Telegraph) his online used-car retailer is disrupting America’s $800bn second-hand market. The website offers buyers an Amazon-like range of choice, financing options and can even deliver via automatic roadside “vending machines”. The younger generation should be especially keen on Carvana as they are accustomed to doing everything online and haven’t developed the habit of heading to a local dealership. Around 97% of the used-car bu
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The value of stocks and shares and any dividend income, may fall as well as rise, and is not guaranteed so you may get back less than you invested. You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock rises in the currency of origin. Any performance statistics that do not adjust for exchange rate changes are likely to result in inaccurate real returns for sterling-based UK investors.
RISK WARNINGS AND DISCLAIMERS
The value of stocks and shares and any dividend income, may fall as well as rise, and is not guaranteed so you may get back less than you invested. You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock rises in the currency of origin. Any performance statistics that do not adjust for exchange rate changes are likely to result in inaccurate real returns for sterling-based UK investors.