Michael Smedley Compass Group plc CPG-LON HOLD Jan 03, 2013

(London Stock Exchange)Statistically both trusts and energy stocks are starting to come on. Good combination. For longer-term investors, he would suggest a stoploss of about 10%-15% below where it is.

(A Top Pick Jul 12/07. Up to 7%.)(London Stock Exchange)The #1 food service company in the world. Achieving a lot of economies through the purchase of food.

(Top Pick July 12/07 Down 6%)(London Stock Exchange) Economies of scale on purchasing side keep their costs down. Defensive stock. Still more room for cost controls. Still continue to win contracts with institutions. Still a good food service

Biggest food services firm in the world. They always have the ability to use their scale to drive down their cost. It gives you a base when things are in rough shape.

They are the largest food caterer in the world. They got hurt with COVID. They are incredibly well positioned. They are the market leader. They are well capitalized and they will return to growth in the latter half of this year with the dividend reinstated next year. (Analysts’ price target is $1588.62)

(A Top Pick Jun 28/21, Up 14%) It got hammered when Covid hit, but has recovered. A growth by acquisition story. Still owns it.

Catering. Food courts, hospitals, schools, sports stadiums, offshore drilling. Revenues growing 8-10% per year. Huge free cashflow. Trend is that more and more companies want to outsource food supply. 60% of revenues are in US. Double-digit earnings growth, trades at 23x earnings. Compelling story. (Target price in pounds.) Yield is 2%.

(Analysts’ price target is $2336.82)

(A Top Pick Feb 01/24, Up 24%)

Fragmented industry, fantastic job buying up and integrating smaller operations. Double-digit earnings growth over a long time and for foreseeable future. Best in the business by far. Lots of runway. Based in UK.

(A Top Pick Feb 01/24, Up 14%)

Keeps making niche acquisitions, cutting costs, and generating pretty solid profit growth.