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Share tips of the week | MoneyWeek


Unilever
(Shares Magazine) Shares in Unilever have been “out of favour” since November, when the market began to prefer value stocks to “expensive defensive” companies such as the consumer-goods giant. Disappointing full-year results released in early February have also dampened sentiment, but this dip presents the best buying opportunity in a year. Over the past decade the stock has delivered a 204% return compared with 71% from the FTSE All-Share index. Its products are in demand “in both good and bad economic conditions”; and “it is delivering on positive environmental, social and governance factors”. Buy.
3,974p 
DS Smith
(Mail on Sunday) One of the largest listed companies in the UK, paper and packaging group DS Smith’s half-year figures were affected by the pandemic. Sales declined, costs rose and profits slipped by 54% to £97m. But confidence continues to grow and a strong rebound is predicted for the company, which specialises in card ....

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Nigerian-based Africa infrastructure bank seeks to widen investor pool using renewables


Africa Finance Corporation, a pan-African infrastructure bank, plans to shift its energy portfolio towards greener projects in a bid to attract greater interest from institutional investors, according to its new chief investment officer.
Sameh Shenouda, who on Monday will join the Lagos-based bank from Blackstone-owned energy group Zarou, said the AFC board had agreed to a plan to bundle new and existing solar, wind and hydro projects in several African countries into a new unit, with combined generating capacity of 1-2 gigawatts of renewable energy. That unit could eventually be separated out and floated on the London Stock Exchange, he said. ....

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